Overview
- Labour Minister Juan Sheput confirmed late Sunday that the government aims to raise the Remuneración Mínima Vital from S/1,130 to S/1,300 and said the increase will follow the legally required CNTPE debate.
- Sheput publicly said the rise “se va a cumplir de todas maneras” and pledged support measures for micro and small businesses to lessen the immediate cost impact.
- Major business groups including Confiep, SNI and AGAP told El Comercio they were surprised by the July announcement and say they were not consulted before the target was set.
- The MTPE leads the wage-setting process while the Ministry of Economy and Finance can intervene on fiscal matters, making CNTPE talks the key forum for reaching agreement between workers, employers and the state.
- Commentators warn the move is political as well as technical, note prior calls from parties for larger hikes, and say the episode highlights weak institutional labour dialogue and the need to build consensus to avoid harm to small businesses and formalization efforts.