US EditionThe Suspension of the Minimum Wage Opens a Debate on the Formula of Its Increase and Its Fiscal Impact
9 Articles
9 Articles
The Council of State has pushed Colombia into a legal limbo with uncertain economic consequences. A 63-page ruling, signed by Judge Juan Camilo Morales Trujillo, disassembles the argumentative architecture of President Gustavo Petro when he decreed a 23% increase in the minimum wage in December. Thus, this provision has been suspended provisionally. Acevedo’s jurists Abogados Consultores, José Darío Acevedo and Juan Ignacio Cruz, describe the me…
Accounts of the Presidency published in networks that the president, Gustavo Petro, will be in address this Sunday at 7 pm. The issue will be the recent suspension by the Council of State of the decree that regulated the increase of the minimum wage by 23%. It is expected that the president will not only decide on the suspension of the decree issued by his government, but that he will trace line to his cabinet to correct the technical requests o…
The decision of the Council of State to temporarily suspend the decree setting the minimum wage for 2026 took Colombian workers by surprise, who on Friday, February 13, were expecting the payment of their fortnight and after the pronouncement did not know what could happen. It is worth recalling that President Gustavo Petro established for 2026 a 23% increase in the minimum wage, so with that adjustment it went from $1,423,500 to $1,705,905, wit…
Within the uncertainties left by the suspension is how much the new minimum wage will be adjusted, as the government has eight days to present a new plan
Eight calendar days from the day following the publication of the decision of the Council of State has the national Government to issue and issue a new decree, on which the percentage for the increase in the minimum wage is economically based.
Petro orders to pay the minimum living wage despite judicial suspension and puts pressure on the business owner TuBarco Noticias The president insists that the increase remains in force, announces control to employers and prepares transitional decree while resolving the substance of the process. Noticias Colombia. President Gustavo Petro tightened his position on the national debate on the minimum wage and assured that the increase decreed under…
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