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Peru Raises Minimum Wage Amid Economic Recovery Hopes

Summary by The Rio Times
Peru’s President Dina Boluarte announced a 10% increase in the country’s minimum wage. The new rate will rise from 1,025 soles to 1,130 soles monthly, equivalent to about $302. This change will take effect on January 1, 2025. It marks the first minimum wage adjustment since May 2022, during Pedro Castillo’s administration. Boluarte made this […]
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