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Court Suspends Colombia’s 23% Minimum Wage Increase Decree

Summary by Bloomberg
A Colombian high court suspended the record 23% minimum wage increase which spooked the central bank and caused inflation expectations to soar.

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Associated Press BOGOTA (AP) — Colombia's Council of State on Friday temporarily suspended the government's decree setting the minimum wage for 2026, which saw the largest increase in recent years and became a key political issue for leftist President Gustavo Petro. The minimum wage for Colombian workers reached 2 million pesos (approximately $1,436) per month, a 23% increase over the previous year.

·United States
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Lean Left

The Council of State has suspended the December decree that set the minimum wage for 2026, warning that the National Government overflowed its powers. The heart of the decision lies in the fact that the 23 per cent increase lacks a “verifiable legal and economic justification.” For judges, the Executive replaced the usual mandatory technical criteria, with new concepts such as the family “life wage” and “a gap of material sufficiency.” The Court…

·Spain
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Lean Right

The Council of State, the highest administrative court in Colombia, provisionally suspended this Friday the decree by which the government increased the minimum wage by 23.7% for this year and ordered it to issue a new one within a maximum period of eight days.

Lean Left

The national government has to issue a new decree within 8 days, taking into account the parameters required by Colombian legislation

·Buenos Aires, Argentina
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Almost a million pensioners in Colombia will continue to receive the same allowance, after the Council of State provisionally suspended the decree setting a 23 % increase in the minimum wage by 2026, a decision that directly affects those who receive a pension equivalent to that income. The measure was adopted by the High Court this week, considering that the decree should be revised in substance. Who are affected? Pensioners whose monthly incom…

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Infobae broke the news in Buenos Aires, Argentina on Friday, February 13, 2026.
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