On the eve of May 1st, Venezuela awaits decisions on salary adjustments
Just under a month before the upcoming May 1st, Workers’ Day, expectations are growing regarding possible adjustments to labor income in Venezuela.
Just under a month before the upcoming May 1st, Workers’ Day, expectations are growing regarding possible adjustments to labor income in Venezuela.
Venezuelan President Nicolás Maduro announced on Wednesday an increase in the “Ingreso Mínimo Integral” or “Comprehensive Minimum Income” (IMI) from 130 to 160 U.S. dollars—according to the official exchange rate—on the occasion of Labor Day.
Workers, retirees, and the labor movement will not take to the streets this Labor Day, warning of the risk of…