Venezuelan President Nicolas Maduro on Wednesday announced an increase in state bonuses for public sector workers but kept the minimum wage frozen at the equivalent of less than $4 a month.
“Today, I have decided to raise the minimum comprehensive income of workers to $130,” the leftist president said at a meeting with oil industry workers in Caracas after participating in a May Day march.
The “comprehensive minimum income” comprises the minimum wage of $3.50, plus a $40 food bonus and an “Economic War Bonus” that will be raised from $60 to $90, ruling party lawmaker and former labour minister Francisco Torrealba said after the president did not give specifics.
