Venezuelan Minimum Monthly Wage Not Pegged to the Petro, According to Officia...

Venezuelan Minimum Monthly Wage Not Pegged to the Petro, According to Officia...

The new decree that makes official the recently announced Venezuelan minimum monthly wage rise has been revealed in the Official Gazette, with no mention of its supposed peg to the petro, the national cryptocurrency. The law published mentions that the wage will be 130 VES, using the national fiat currency as a unit of account, something that contradicts statements of the Venezuelan president. Official Gazette Reveals Real Salary Raise for Venezuelans The recent publication of the Oficial Venezuelan Gazette, a magazine where laws and decrees are published when approved, revealed....


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