US Edition
Colombia to Issue Temporary Decree on Minimum Wage Hike After Its Suspension by High Court
13 Articles
13 Articles
The increase in the minimum wage in Colombia for this year is maintained by 23.7%, as stated by the Minister of Labor, Antonio Sanguino, who said that the decision obtained the majority of the votes by the employers and the workers' centers at the consultation table that took place in the ministry of labor. The Minister of Finance did not rule out the possibility of a type of forced investment.
The Minister of Labor, Antonio Sanguino, revealed this Monday that both the business unions and the trade union centers expressed their majority support for the salary increase of 23.7% established in the decree of vital salary. “There is a majority opinion in favor of maintaining the increase of 23.7%,” Sanguino declared after the conclusion of the extraordinary session of the Permanent Committee on Wages and Labor Policies, convened by order o…
The minimum wage would be the same value as in December when President Gustavo Petro announced that it would be $2 million, with the transport subsidy fixed at $249,095.
Colombia’s Petro Defies Court Suspension of Minimum Wage Hike
Colombian President Gustavo Petro on Sunday mounted a forceful defence of his government’s 23.7% minimum wage increase for 2026, pledging to issue a temporary decree to keep the so-called “vital wage” in place after the Council of State provisionally suspended the original measure. Speaking in a televised address on Feb. 15, Petro said that while he disagreed with the high court’s decision, he would respect the judicial process and comply by iss…
The National Government does not rule out that the new minimum wage decree exceeds the 23.7 per cent increase that had been set for this year and that it was temporarily suspended by the Council of State, opening the door to a possible higher adjustment while the new procedure ordered by the High Court is completed.
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
