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Economy of El Salvador

President Nayib Bukele requests a minimum wage increase of 20% due to poor Salvadorans suffering from an "onslaught of global inflation". Bukele also orders more food handouts to combat hunger during the ongoing COVID-19 pandemic. The country recently had a government reshuffle, which has put in doubt negotiations for a potential $1 billion financing program from the International Monetary Fund.

El Salvador's Bukele seeks 20% minimum wage hike, orders food handouts

Sources:  Reuters


Changes

  1. President Nayib Bukele requests a minimum wage hike of 20% due to poor Salvadorans suffering from an "onslaught of global inflation". Bukele also orders more food handouts to combat hunger during the ongoing COVID-19 pandemic. The country had a government reshuffle, which have put in doubt negotiations for a potential $1 billion financing program from the International Monetary Fund.
  2. President Nayib Bukele requests a minimum wage increase of 20% due to poor Salvadorans suffering from an "onslaught of global inflation". Bukele also orders more food handouts to combat hunger during the ongoing COVID-19 pandemic. The country recently had a government reshuffle, which has put in doubt negotiations for a potential $1 billion financing program from the International Monetary Fund.

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