The head of the Ministry of Labor and Employment Promotion (MTPE), Daniel Mauratespoke out again about a possible increase in the minimum living wage after days ago he was against this measure due to the economic crisis that the country is going through.
“We are going to get out of this recession and we will immediately have to evaluate the increase in the minimum living wage. We are aware that the minimum wage is not enough, but we need to get through this stage of recession, which is going to be a short period. The minister has indicated that in the first quarter of 2024 we should already have recovered GDP,” Maurate explained to Canal N.
The head of the MTPE added about the country’s recovery and the increase in the minimum wage: “It is not just the Government’s task, it is everyone’s task to create an environment conducive to investment.”
Finally, he stressed that we must recover from the economic crisis because more jobs are needed and this situation especially harms the poorest, since they do not have access to education and services.
Minister of Labor disagrees with increase in the minimum wage
Daniel Maurate Minister of Labor and Employment Promotion, He declared a couple of days ago, during the ceremony to recognize the good practice of socio-labor dialogue, that he does not consider the increase in the minimum vital remuneration (RMV) favorable.
“Technical indicators indicate that the worst time to increase minimum wages is an environment of recession (…) We all suffer, especially the poorest, because this puts the possibility of poverty growing at risk.“he explained.
Maurate mentioned that the country has been harmed by the lack of private investment and public spending. “We have fought a lot during these last seven years, we have had almost seven presidents. “That has generated political instability,” he stressed.
Minister of Economy confirms that the country is in recession
After denying that the country was in crisis, the Minister of Economy and Finance, Alex Contreras, accepted – almost a week ago – that we are going through a recession.
“It is without a doubt a recession, I have no doubt and what we want is to get out of this recession with supplementary credit,” he stated from the Congress of the Republic.
Source: Larepublica
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