Bolivia: businesses threaten with thousands of dismissals after the minimum wage increase

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26 February 2009 à 14h50

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2 minutes

Publication: 26 February 2009 à 14h50

Reading time: 2 minutes

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Publication

26 February 2009 à 14h50

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2 minutes

Publication: 26 February 2009 à 14h50

Reading time: 2 minutes

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against the presidential decree which commands a 12% minimum wage increase in 2009. A general wage increase in the private sector will depend on the results of the negotiation between the social partners. (Ref. 090220)

The Bolivian Confederation
of Private Entrepreneurs (CEPB) intensifies criticism against the decision of
the Bolivian government to increase minimum wage of 12% – from BOB 577 to BOB
647 (€58 to €65). President Evo Morales signed the decree introducing this
measure,...

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