Application of a three-pronged forex system was part of the announcements made by President Nicolás Maduro on Wednesday evening
EL UNIVERSAL ,
During his speech before the Parliament on Wednesday evening, Venezuelan
President Nicolás Maduro presented his Annual Report and Accounts.
Maduro announced several measures grounded on the country's economic
indicators, which have been subject to the oil price plunge, access to
foreign currency, and other issues adversely affecting the population to
get food and priority services.
The following are some of the most important aspects outlined by the President:
- A 15% increase of the minimum wage as of February 1. The move entails adjusting the wage from VEB 4,899.54 – VEB 5,634.47 (USD 779 – USD 896), and the food benefit from VEB 1,905 – VEB 2,857 (USD 303 – USD 454) monthly.
- Incorporation of a health bonus for pensioners. The amount of the bonus was not unveiled, though.
The following are some of the most important aspects outlined by the President:
- A 15% increase of the minimum wage as of February 1. The move entails adjusting the wage from VEB 4,899.54 – VEB 5,634.47 (USD 779 – USD 896), and the food benefit from VEB 1,905 – VEB 2,857 (USD 303 – USD 454) monthly.
- Incorporation of a health bonus for pensioners. The amount of the bonus was not unveiled, though.
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