Acting President of the Venezuelan regime promised to increase salaries on May 1

Acting President of Venezuela, Delcy Rodríguez. Photo: AFP

Acting President of the Venezuelan regime promised to increase salaries on May 1

TL;DR

  • Acting President Delcy Rodríguez announced a "responsible" salary increase for May 1st.
  • Venezuela's minimum wage is currently $0.27, with annual inflation over 600%.
  • The government aims to attract foreign investment in oil and mining to boost income.
  • The goal is to recover worker earnings through productive growth.
  • Unions are protesting "starvation wages" and have called for a march.
  • Rodríguez acknowledged past economic "errors" that need correction.
  • She is governing under pressure from the US and President Trump.