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MTPE rules out a new increase in the minimum vital remuneration: “It is not on the agenda”

MTPE rules out a new increase in the minimum vital remuneration: “It is not on the agenda”

The Minister of Labor and Employment Promotion, Fernando Varela Bohorquezruled out that a possible increase in the minimum vital remuneration (RMV) is on the government’s agenda.

In dialogue with RPP Noticias, the head of the MTPE said that a possible increase in the minimum wage in Peru must be carried out through a process of modernization within the National Labor Council (CNT).

“It is not on the agenda at this time,” said Varela, who also highlighted the progress to, precisely, institutionalize the increase in the RMV based on economic factors that are periodically measured.

This position was supported earlier by his Economy and Finance counterpart, Alex Contreras, who was also not in favor of increasing the minimum wage at a time when the Government is making efforts to deploy new strategies in the event of an El NiƱo Phenomenon.

From 2000 to date, the minimum salary in Peru it went from S/410 to S/1,025, that is, S/615 more (+150%). The government of Ollanta Humala had a special role: in the five years that his presidential term lasted, the RMV went from S/600 to S/850 (+41.67%).

However, it should be noted that this salary should, in theory, be adjusted periodically to the evolution of the basic family basket. In developed economies, it is normal to increase the amount every one or two years. In our country it has been used on more than one occasion as a political weapon.

Source: Larepublica

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