On Friday, June 27, the president of Paraguay, Santiago Peña, signed the decree corresponding to the 3.6 % increase in the country’s minimum wage.

“In this way, workers’ compensation is adjusted by 100,739 guaraníes, increasing the current monthly salary to 2,899,048 guaraníes (about US$366.9 at the current exchange rate) and leaving the minimum daily wage at 111,502 guaraníes,” local media reported.

Peña indicated that this increase is the result of a recommendation from the National Minimum Wage Council (CONASAM), “in accordance with the year-over-year variation of the Consumer Price Index (CPI), based on inflation data from the last 12 months.”

According to the presidential decree, the minimum wage increase goes into effect today, July 1. The president acknowledged that workers’ income “requires a more exhaustive analysis and an adjustment more in line with the daily cost of citizens’ quality of life.” He emphasized his desire to ensure that not a single citizen earns less than the minimum wage.

M.Pino

Source: xinhuanet

(Reference image source: Tobias Meza on Unsplash)

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La entrada Paraguay decreed a 3.6 % increase in the minimum wage apareció primero en Bitfinance.

Through presidential decree number 4,865, published in Official Gazette number 42,717, the restructuring process of the National Superintendency of Crypto Assets and Related Activities (Sunacrip) will be extended for a period of six months, starting on September 17, 2023.

As established in article 1 of the aforementioned decree, both the President and the other members that make up the Sunacrip Restructuring Commission will continue to perform their respective functions until the end of this extension.

The restructuring of Sunacrip was ordered by the president of Venezuela, Nicolás Maduro, in March 2023.

The board in charge of carrying out this restructuring process is headed by Anabel Pereira Fernández and has the participation of other main directors, namely: Héctor Andrés Obregón Pérez, Julio César Mora Sánchez, Román Daniel Maniglia Darwich and Larry Daniel Davoe Márquez.

The substitute directors are Luis Alberto Pérez González, Pavel Javier García Sandoval, Carlos Eloy Pirela Méndez and Edgardo Alfonzo Toro Carreño.

Among the responsibilities of the Sunacrip restructuring board are to exercise all functions and activities related to the restructuring process of the National Superintendency of Cryptoassets and Related Activities (Sunacrip), develop the institution’s Restructuring Plan, and implement said plan addressing all organizational, functional and operational aspects of Sunacrip, establishing guidelines for its improvement, reorientation or correction, as appropriate.

K. Tovar

Source: Descifrado

(Referential image source: Kanchanara, Unsplash)

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La entrada Sunacrip restructuring process was extended apareció primero en Bitfinance.