National minimum wage

Venezuela’s Maduro Announces 50% Minimum Wage Hike

Jul 3rd 2017

Maduro announced the minimum wage increase on Sunday. (Prensa Presidencial)

Under the new measure, the base monthly wage will be doubled to 97,531 bolivars, while food tickets will be raised to 153,000 bolivars, bringing the integrated minimum wage to 250,531 bolivars.

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Venezuela's National Minimum Wage Increases by 60% on May Day

May 1st 2017

Venezuelan President Nicolas Maduro. (Reuters)

Venezuelan President Nicolas Maduro announced an increase to the minimum wage Sunday, which he said would help to shield workers' from the effects of the economic crisis in the country.

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Venezuela Increases Food Vouchers by 70% Effective March 1

Feb 23rd 2017

Monthly state food tickets will be increased to 108,000 Bolivars as of March 1. (GacetaOficial)

Venezuelan President Nicolas Maduro announced Sunday a 70 percent hike in the value of state food vouchers in a bid to safeguard workers’ salaries against rising inflation.

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