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Chávez announces minimum wage increase to USD 188.61

President Hugo Chávez Wednesday said the minimum wage would increase to USD 188.61 in May, adding that from now on the minimum wage for rural workers would be the same as for urban workers.

This represents a 26.07 percent increase.

Chávez explained that for companies with less than 20 workers, minimum wage would be USD 172.88. The salary for apprentices would increase to USD 141.45.

Altogether, this move is to benefit 1,749,693 public workers and pensioners.

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Venezuelan government gives aid to farmers hit by rains

02:57 PM. HEAVY RAINS. Venezuelan Executive Vice-President Elias Jaua reported that the government is designing plans to support farmers, cattlemen and peasants of the state of Mérida who have been hit by heavy rains that have caused crop losses.