Maduro announces minimum wage increase by 38-45%
The first rise (20%) would be enforced in May, bringing salary up from USD 325.55 to USD 390.66. The second increase (10%) would be adopted in September, taking the minimum wage to USD 429.73. A final adjustment would be enforced in November by 5-10%, based on inflation
The first 20% would be implemented in May, from USD 325.55 to USD 390.66. The next increase (10%) would be adopted in September, bringing salaries up to USD 429.73. A final adjustment would be enforced in November by 5-10%, based on inflation.
The president in charge also announced the creation of "workers' groceries," aimed at bringing state-run food network Mercal to state-run companies so that workers can directly buy foodstuffs at their workplace.
Likewise, Maduro announced a special plan as part of the housing program Great Mission Housing Venezuela. It will be called Great Mission Workers' Housing.
Further, Maduro announced a special health plan called Barrio Adentro Obrero, aimed at providing healthcare to workers.
At the recent UN climate summit President Nicolás Maduro gave a speech on global warming highlighting the fact that "Capitalism has ignored over decades nature's capacity to load and recover," and, accordingly, "if we want to change climate, we need to change the system."