Venezuelans subsist with a monthly salary under $ 6

Hyperinflation, power struggle, food and medicines shortage as well as precarious wages affect the life quality in the South American country

Life quality in Venezuela has decreased drastically in recent months due to a political, economic and social crisis. At present, the population survives with a monthly income of less than $ 6.

Deputy José Guerra, from the National Assembly, said this week at a press conference that “for the public administration the minimum wage is located at $ 5.30, while in the private sector it reaches $ 20.6.”

These figures are alarming in a scenario characterized by hyperinflation, basic food and medicines scarcity, increase of insecurity levels, in addition to the imposition of US economic sanctions.

The deputy estimates that to help Venezuelans cope with the situation, the monthly income should be raised to US $ 20 and in a period of three months bring the salary to US $ 1 per day.

During his speech, José Guerra showed a comparative table on the minimum wage in dollars in Latin American countries, where Venezuela came last with $ 5.30. Brazil pays its workers $ 296, Colombia $ 255 and Haiti $ 78.

The recent blackouts that have affected the Caribbean nation are another factor of economic stagnation and millionaire losses in food products, which has increased migration to other countries. For those who must remain in Venezuela, the purchasing power has fallen to the minimum level.

Guerra highlighted the fact that the Venezuelan economy has dollarized unofficially; that is to say, without the need of a government decree that establishes it and yet citizens are forced to pay for food, medicine and services in dollars.

The Venezuelan deputy sentenced: “Today in Venezuela even shoe shifters charge in dollars, but the only thing that is not dollarized is salary.”

M.Pino

Source: Puntodecorte.com

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