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Delcy Rodríguez Announces May 1 Pay Increase as Venezuela Seeks Wage Relief

She says recovered assets will finance wages.

Overview

  • Rodríguez, speaking on state TV Wednesday, pledged a “responsible” pay increase that will take effect on May 1.
  • She gave no figure for the raise and did not say if it changes the minimum wage, which has been frozen since March 2022.
  • Rodríguez said money unlocked from recovered foreign assets would fund higher pay and basic repairs to power, water, roads, schools, and hospitals.
  • In a related update, she confirmed that in March the government raised a public‑worker income made of two bonuses from $160 to $190, a sum paid at the official exchange rate that does not count toward benefits.
  • She created a labor‑dialogue commission and ordered a review of state assets, and she called a nationwide “pilgrimage” against sanctions set for April 19 through May 1 to rally support for her plan.