Mintrabajo reafirma su defensa del aumento del mínimo y explica a fondo las razones del 23% para 2026

TL;DR

The minimum wage in Colombia will increase by 23% in 2026.
The increase is linked to the concept of a 'living wage' as defined by the ILO.
The government believes higher wages will stimulate the economy through increased consumption and demand.
The planned increase aims to gradually close the gap between the minimum wage and a living wage.
The minister argued the wage increase will have a marginal impact on prices (around 0.6%).
For 2026, the minimum wage will rise to $1,705,905, with transport assistance increasing to $249,095.
The government highlights positive economic indicators such as reduced inflation and unemployment.
Support measures will be designed for small and medium-sized businesses to ensure sustainability.

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