The increase would be announced by the government of Nicolás Maduro in the next few hours. The value was leaked via WhatsApp and confirmation is awaited.
Venezuela today is expecting what would be one of the highest minimum wage increases of the Nicolás Maduro regime. However, he would still lag far behind the cost of living in the neighboring country, whose inflation exceeded 500% last February.
The expectation is greater following a data that was leaked and that has been replicated by various media, which shows that, supposedly, the minimum salary of Venezuelans will now be 780 bolivars, regarding 32.03 dollars, according to the official rate. from today.
If this increase is confirmed by Maduro, the monthly minimum wage in that neighboring country It will be equivalent to regarding 150,000 Colombian pesos. Even the data that was leaked via WhatsApp, and that the newspaper El Comercioensures that the payment will take effect from March 15, 2023.
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Minimum wage in Venezuela today: value set by Nicolás Maduro
The increase has been discussed for several days. According to the president of the Venezuelan Federation of Chambers of Commerce and Production (Fedecámaras), the figure might be higher and even reach 50 dollars a month.
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The workers, for their part, demand a higher value, among other things, for the cost of the basic food basket in that country.
“A Venezuelan family of five people needed, last December, 63.24 current minimum wages, regarding 400 dollarsat the current exchange rate, set at 20.52 bolivars per dollar, to pay for the Basic Basket”, says a report from the Center for Documentation and Social Analysis of the Federation of Teachers (Cendas).
Currently, citizens in Venezuela receive a minimum wage of 130 bolivars, regarding 6 US dollars. Said value is also equivalent to regarding 28,500 Colombian pesos at today’s exchange rate.
