Tonight Petro Will Announce Key Decision on the New Minimum Wage
The Presidency of the Republic announced that at 7 PM this Sunday, February 15th, President Gustavo Petro has scheduled an address where he will detail the decisions made by his Administration, following the provisional suspension by the Council of State of the 2026 minimum wage.
TL;DR
- President Petro will deliver an address tonight, February 15th, at 7 PM.
- The address will cover decisions made by his administration regarding the minimum wage.
- The Council of State provisionally suspended the 2026 minimum wage decree (a 23% increase).
- The suspension was based on the government allegedly infringing Ley 278 de 1996 by prioritizing a "vital wage" over inflation and productivity.
- A new decree must be issued within eight calendar days.
- The Council of State cited a study by the International Labour Organization (ILO) on the "vital wage gap" as the basis for the government's decision.