During her message to the Nation in July, President Dina Boluarte announced a possible increase in the minimum wage after an agreement with unions and business associations in the National Labor Council (CNT). However, now the panorama has changed since the head of the Ministry of Economy and Finance (MEF), Alex Contreras, confirmed that the country is facing an economic recession.
In recent weeks, some ministers have stated whether an increase in the Minimum Vital Remuneration (RMV) in the current circumstances. In the following note we detail what has been said and everything we know about this possible increase.
What has the Government said about increasing the minimum wage?
The increase of the Minimum Vital Remuneration (RMV) was one of the priority issues to be addressed after the reactivation of the National Labor Council (CNT), but as a result of the economic crisis it ceased to be an urgent issue. This has been declared by the Minister of Labor, Daniel Maurate, who has recently ratified himself again and has said that it is not the time to discuss the issue.
“It is difficult to make increases in a recession, but it must be pointed out openly that the minimum living wage is not enough and is not enough to give people a decent life. Which We have to see that the moment is right, that will be seen when we begin to recover the economy“Minister Maurate explained to El Peruano.
Last month, the head of the Ministry of Economy and Finance (MEF), Alex Contreras, along the same lines highlighted that the increase in the RMV should be postponed and the methodology for this increase should be evaluated later.
“The drop in production and the deviations from the July and August projections make us postpone this decision. However, what I do think is on the agenda is the methodology. Looking ahead to the recovery, I think it could be done again. discuss this issue,” Contreras Miranda told The Republic.
When would an increase in the Minimum Living Remuneration be viable?
The Minister of Economy, Alex Contreras, pointed out that increasing the minimum wage would be more feasible in 2024, when the country’s economy has recovered.
“Next year, yes, I think it is more appropriate, post-recovery, post-Child, to start looking at this issue, because The boy It is a significant risk,” the official explained.
When was the last salary increase in Peru?
The last modification in the Minimum Vital Remuneration (RMV) It was carried out in May 2022 during the Government of Pedro Castillo. Through decree N°03-2022-TR, an increase of S/95 was established, so the minimum wage went from S/930 to S/1. 025.
Source: Larepublica
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