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With the increase, workers will go from receiving 250,000 bolivars (about $ 1.45) to 400,000 bolivars ($ 2.33, that is, about 9,460 Colombian pesos) per month, according to the official exchange rate.
The information was released by the Minister for the Social Labor Process, Eduardo Piñate, through his Twitter account, in which he published a statement that was later re-broadcast by other members of the cabinet and by the state channel VTV.
“The minimum wage is increased to an amount of four hundred thousand bolivars,” says the document that also reports the increase, up to the same $ 2.33, of pensions received by almost five million retirees.
The Executive of Nicolás Maduro also decreed the increase in the food bonus for workers, known as the “basket ticket”, which goes from 200,000 bolivars ($ 1.16) to 400,000 bolivars ($ 2.33), although this payment does not generates labor liabilities.
For pensioners, an increase in their monthly bonus was approved, called the “bonus against the criminal economic war”, which amounts to 300,000 bolivars ($ 1.75).
These increases are announced amid an accelerated devaluation of the local currency, which has depreciated 25.15% against the US dollar in the last week alone, the monetary sign with which most commercial operations are carried out. in the country.