Peru Minimum Wage Set to Rise to 1,300 Soles Under President Keiko Fujimori

Peru Minimum Wage Set to Rise to 1,300 Soles Under President Keiko Fujimori

Following her inauguration, President Keiko Fujimori announced plans to raise Peru’s minimum wage to 1,300 soles. The proposed salary increase, alongside a compensatory bonus for micro and small businesses, aims to boost worker incomes while balancing labor formalization and economic stability. The newly inaugurated administration in Peru has put economic policy at the forefront of … Read more