Minimum wage hike: Labor minister presents good news for workers in 2024

Minister Daniel Mouret told reporters. Chanel N

Minister of Labour, Daniel MouretA minimum wage hike was guaranteed this Wednesday to happen in 2024 because “the outlook is very positive” for the Peruvian economy, 25 years after it fell into recession due to a combination of issues including protests. Social and El Niño phenomenon.

“The President has a commitment to increasing the minimum living wage. It didn't do that last year as the economy went into recession. In a recession, I have been open and honest that raising the minimum wage is not a good idea. The outlook for this year is very positive. […] After this, a platform will be given to discuss the hike,'' he said in a press conference.

Mauret, though the first crowd National Labor Council (CNTPE) —and a second one is scheduled for February—, the debate on the Minimum Living Wage (RMV) is not yet on the agenda. It was last increased in May 2022 when it went from S/930 to S/1,025 during the administration of the former president. Pedro Castillo.

“We have already started meetings. We didn't do it in a media way because we wanted a consolidation phase. We already have an agenda and the second meeting is in February. […] We are planning [por ahora] The new rules of the council mean that it has institutionality and does not depend on some person, for example, the minister. If I wanted to, I would never call because, according to the rules, it is the minister who calls. Otherwise, there is no council meeting,” he explained.

The portfolio leader hoped that raising the minimum wage would be part of the President's message to the nation. In Boluarte Next July, on Independence Day.

“Hopefully we can get that announcement by July 28, but it depends on how the economic recovery goes. I am hopeful. Basically the factors that determined the flight of private investment, which are conflicts and natural events, fortunately did not happen this year. […] As a result, the outlook is good,” he noted.

Last October, Mauret He admitted that the minimum wage – currently fixed at 1,025 soles – is not high enough in the country, although he felt that increasing it would not necessarily represent a government decision. “We know it's not enough and we have to increase it, but we have to get through this stage and we think it will be short,” he said.

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“Economics Minister [Alex Contreras] It indicated that we should have already recovered GDP by the first quarter of 2024. We believe that the country will recover economically to see the possibility of increasing the RMV, but it is not only the government's task but also everyone's task. […] Create an investment-friendly environment,” he continued.

Contreras For his part, he has already pointed out that two key conditions are needed to achieve wage increases amid unfavorable economic landscapes. “There must be a consensus and there cannot be any changes in this variable without growth. As this year will be a year of recovery, when the economy starts growing again, if there is strong news, we hope that through consensus, a solution can be reached,” he said in two Said years. Weeks ago.

to him MEF2024 will be the year of economic recovery, after 2023 GDP registers a contraction, in estimates Central Reserve Bank, -0.5% This year, the portfolio and PCR project the economy to grow by 3%.

  • Year 2000: S/345
  • Year 2001: S/410
  • Year 2004: S/460
  • Year 2006: S/500
  • Year 2008: S/550
  • Year 2011: S/580
  • Year 2012: S/675
  • Year 2013: S/750
  • Year 2016: S/850
  • Year 2018: S/950
  • Year 2022: S/1,025

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