Argentine Workers, Businessmen Agree to Boost Minimum Wage 25%
The new minimum wage will be 2,300 pesos ($549.71) per month, from the previous $1,800, President Cristina Fernandez de Kirchner announced, according to the statement. The agreement shows that businessmen and union and government officials “live up to the expectations society has for them,” Fernandez said.
The minimum salary has increased 820 percent since 2002, the government said earlier this week.
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