President of Bolivia decrees salary increase of 3%, rejected by businessmen


the president of boliviathe leftist louis arceannounced this Sunday, in a march through the International work dayThe increase of minimum wage 3% monthly, in agreement with trade unions workersalthough the businessmen expressed an anticipated rejection.

“Today we ratify the decree of the salary increase of 3% in basic credit and 4% in minimum salary national,” said the president, during a speech in a public square in the Andean city of Oruro (southeast), before several thousand workers who marched for the commemoration of May 1.

The head of state led, for the first time since he came to power in 2020, the march of several thousand workers called by the Bolivian Workers’ Center (COB), the largest union in the country.

With the rise of minimum salary national the amount rises from 310.92 dollars to 323.27 dollars.

The measure establishes that the percentage of salary increase It is the basis for negotiating a higher amount between workers and employers.

The salary increase was the result of a negotiation in recent weeks between the Executive power and leaders of the Bolivian Workers’ Centerwhile the employers’ Confederation of Private Entrepreneurs of Bolivia (CEPB) asked, without results, to be included in the talks.

The CEPB anticipated that the measure was negative for the economy.

In a statement that there was “a political agreement” and that “the harmful consequences of these measures at the economic and social level, will be the full responsibility of the government and the leadership of the workers.”

President Arce, political dauphin of the leftist indigenous ex-president Evo Morales, walked through the streets and avenues of Oruro, at the head of the COB march. Covered mask by Covid-19 pandemiccarried a red flag, the traditional one of the union organization.

Workers from different production sectors also waved Bolivian flags.

Likewise, militants paraded from the ruling movement to socialism (MAS), with blue flags and with the cry of “Lucho (Luis Arce) you are not alone, Lucho you are not alone!”.

The ruling party believes that the local right has conspiratorial plans against the government.



Leave a Comment