Petro Calls Meeting to Coordinate New Minimum Wage Decree

Colombian President Gustavo Petro said a decree establishing a minimum wage is mandated by the constitution and that the Labor minister will immediately convene a meeting to discuss a new decree to be issued after a court suspended a 23% salary increase, according to a post on X.

• Petro says discussions will consider latest economic data, including impact of the minimum wage on food prices and the effect of higher interest rates on employment
• Says he will respect a court request for a temporary minimum wage decree, but will act in line with the constitution
• NOTE: Court Suspends Colombia’s ...