December 26, 2012

Ecuador’s Correa prepares for re-election: increases minimum salary 9%

Ecuadorean President Rafael Correa announced a 9% increase in the minimum wage for private-sector workers for 2013, a move that may help consolidate his February re-election bid that polls broadly show him favoured to win.

The populist Correa, who has won strong popular support for a range of measures including expanding access to health care and improving roads and highways, hiked the minimum wage to 318 dollars per month from 292 per month. Read more.

MercoPress

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