This is the last article you can read this month
You can read more article this month
You can read more articles this month
Sorry your limit is up for this month
Reset on:
Please help support the Morning Star by subscribing here
VENEZUELAN President Nicolas Maduro announced a 30 per cent rise in the minimum wage on Thursday to “protect the income of the working class.”
The rise from November 1 is the fourth this year and the 30th in the last 15 years of socialist government.
“In times of capitalism and liberalism, inflation rose to 100 per cent and there was still no minimum wage increase. What else can you say?” asked Mr Maduro. “Only in the revolution.”
The president made the announcement from the Sidor steel plant.
Sidor was privatised in 1997 by former president Rafael Caldera, but renationalised in 2008 by late president Hugo Chavez.
Mr Maduro used his speech to attack opposition backing for IMF fiscal adjustment policies.
“In Venezuela, what we have here is not an opposition. It’s a counter-revolution,” he said.
- Former Zulia state governor and 2006 opposition presidential candidate Manuel Rosales flew into Caracas airport yesterday after six years on the run from corruption charges and was promptly arrested.
