US EditionPetro Makes Historic Raise to Colombia's 2026 Minimum Wage - New Straits Times Online
20 Articles
20 Articles
By EFE The Colombian government announced on Monday an unprecedented increase of 23.7% of the “minimum living wage,” which was set for 2026 at 2 million pesos (about US$ 535) including the transport subsidy, according to President Gustavo Petro, which hours later received strong criticism from businessmen and merchants. The president said in a speech: “We move on to a minimum family living wage of 1,746,882 pesos (about US$ 468), which implies a…
Petro orders huge minimum wage increase in Colombia
Colombian President Gustavo Petro announced on Monday a historic 23.7% increase in the minimum wage for 2026, making it the largest upward adjustment in 25 years. The measure includes transport subsidies.
Petro announces an unprecedented 23.7% increase in the minimum wage for 2026 by two million pesos including the transport subsidy.
The president of Colombia, Gustavo Petro, decreed an increase of 23.8% of the minimum wage for 2026, which will remain at 2 million pesos per month (about 535), including transportation assistance.
Under Petro, the minimum wage (with transportation allowance) increased from $1,117,172 in 2022 to $2,000,000 by 2026: That is, a 79% increase. Regeneración, 30 […] The entry "Historic 23.7% increase in the minimum wage in Colombia" was first published on RegeneraciónMX.
Coverage Details
Bias Distribution
- 70% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
