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Venezuelan president announces 50% salary increase

Venezuelan President Nicolas Maduro is seen before a meeting with Colombian President Juan Manuel Santos to discuss ending a row that has kept their border closed for nearly a year, on August 11, 2016 in Puerto Ordaz, some 650km southeast of Caracas. (AFP)

Jesus Silva
Press TV, Caracas

Venezuelan government has introduced a 50% increase to workers’ salaries in another attempt to shore up the collapsing economy. But the opposition seems unimpressed with the plan, claiming it would only push the inflation higher.

 

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