Venezuela’a Maduro Raises Minimum Wage to $6 Per Month
(From UPI)
Venezuelan President Nicolas Maduro has announced a 300 percent increase to the nation’s minimum monthly salary — to the equivalent of a few dollars per month. . . .
Maduro’s announcement, along with others like greater reserve requirements for banks, are likely to worsen inflationary pressures and contract the economy, Venezuelan economist and opposition lawmaker Jose Guerra told El Pais.
http://www.againstcronycapitalism.org/
Source: https://www.ac2news.com/2019/01/venezuelaa-maduro-raises-minimum-wage-to-6-per-month/
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