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Live Updates  >  Live Update Details

2026-04-09 08:47:23

[Venezuela's interim government will raise public sector salaries to alleviate high inflation pressure] (1) Venezuela's interim government announced that it will raise the monthly salaries of public sector workers to alleviate the pressure on families caused by months of high inflation and low wage growth. (2) Acting President Rodriguez said the adjustment will take effect on May 1 and will be carried out "responsibly," but did not disclose the specific scale of the adjustment. (3) According to data from the central bank, the country's CPI rose 14.6% month-on-month in February, lower than 32.6% in January, but still one of the countries with the fastest inflation in the world.

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