Delcy Rodríguez said her government will implement a “responsible” increase in workers’ income starting May 1, as it seeks to gradually improve living standards through growth in the oil and mining sectors. She did not specify the size of the increase but emphasized it would be designed to avoid fueling inflation.
Venezuela’s minimum wage has remained unchanged since 2022 at a very low level, with many workers relying on bonuses to supplement income. Rodríguez said the government aims to steadily restore wages through increased production and economic recovery, particularly in resource industries.
She also reiterated calls for the lifting of US sanctions and signaled continued efforts to attract investment while maintaining state control over key assets such as the national oil company. The wage adjustment is part of broader economic reforms aimed at stabilizing the country and easing ongoing financial hardship.
Credit – CGTN
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