In the following Depor note we will tell you how much the amount would increase. Due to the heavy expenses that families are making to obtain basic basket products, this year several Latin American countries have decided to increase the minimum salary and in Venezuela It will not be the exception, since the inhabitants have been demanding this increase for a long time since the 130 bolivars they earn monthly is not enough. For this reason, the president Nicolas Maduro ruled on a possible increase.
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Venezuela is suffering from a terrible economic crisis that has made the minimum wage worth little or nothing. For this reason, workers and pensioners have organized protests to demand an increase in the monthly payment. Product of the demonstrations, the Federation of Chambers and Associations of Commerce and Production of Venezuela (Fedecamaras) announced a date to discuss the increase.
Minimum Wage: what did Nicolás Maduro say?
Due to the claims, the president of Venezuela, Nicolás Maduro, called on workers across the nation to take to the streets to protest against the sanctions imposed by the United States. In addition, on Twitter he wrote: “We will always defend the full salary of the workers of Venezuela. We will give birth to the resources to continue investing in health, education and housing”.
However, Nicolás Maduro has not spoken directly about the increase in the minimum wage for public workers and teachers who continue to protest.
What are the workers in Venezuela asking for?
Citizens in Venezuela who work daily demand a series of improvements in their salaries, now, it is the union centrals that will be in dialogue under the auspices of the International Labor Organization (ILO) and ask that the minimum wage be between 200 and 400 dollars to cover the basic basket.
According to information and data from the Center for Documentation and Social Analysis of the Federation of Teachers (Cendas), it is known that a Venezuelan family of five people needed -until last December- an average of 63.24 current minimum wages, that is that is, about 400 dollars, at the current exchange rate, set at 20.52 bolivars per dollar, to pay for the Basic Basket.
“The workers demand salaries and pensions indexed to the cost of the basic food basket. We are not going to accept the agreement between Fedecamaras and the Government that violate our rights to have a decent salary”, said the spokesperson for the Colegio Enfermería dto. Capital, Ana Rosario Contreras.
How much would the new minimum wage be in Venezuela?
Although the president of the Venezuelan Federation of Chambers of Commerce and Production (Fedecámaras), Carlos Fernández, indicated that the increase in the minimum wage is still a matter of debate, it would reach 780 bolivars, equivalent to 32.03 dollars.
During a radio interview, Fernández pointed out that it will depend a lot on what scheme the private sector and the public sector are allowed to make the remunerations effective. Likewise, he indicated that a different approach to solutions to the country’s problems should be sought and “stop fighting the issue with monetary policies, but rather with policies to stimulate supply and demand.”