No menu items!

Business criticism: Ecuador raises the minimum wage 6.25% for 2022

RIO DE JANEIRO, BRAZIL - Lasso, a former conservative banker who took office since May, announced Monday night in a televised speech the increase in the minimum wage, the highest in the last eight years, as part of measures to reactivate the economy, hit hard by the pandemic of Covid-19.

"It must be recognized that this is a decision that involves a great effort for the business sector, but it is a fair benefit that corresponds to the workers' sector," Lasso said Tuesday in an interview with local radio stations.

Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content