Mexico’s AMLO to Propose Bill to Boost Workers’ Purchasing Power
- Plans to bar hikes in minimum wage that fall below inflation
- Mexico increased its minimum wage by 20% for this year
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Mexican President Andres Manuel Lopez Obrador said he will submit to Congress constitutional reforms to increase workers’ purchasing power before the end of his term.
The reform seeks to ban increases to the minimum wage that fall below the inflation rate, thereby boosting workers’ income in real terms, the Mexican leader said in the province of Veracruz, according to El Economista newspaper.