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First modification: 05/01/2026 - 02:53

The president in charge of Venezuela, Delcy Rodríguez, announced that the minimum income of workers would increase by 26%, to an equivalent of 240 dollars, while pensions will rise to 70 dollars. In her speech, the president used the term “equivalent”, which suggests a scheme based on bonuses. In practice, the monthly minimum wage has remained for years at levels of just cents on the dollar, eroded by an economy with triple-digit inflation and the constant fluctuation of the dollar. Rodríguez did not specify what proportion of income will be indexed to the minimum wage or how much will come from bonuses, a key point of the announcement.

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