In January 2024, President Nicolás Maduro announced an adjustment to the "war bonus" for public employees in Venezuela, starting in February 2024, amid economic challenges. It is crucial to note that the minimum wage has not increased since March 2022 and remains 130 bolivars per month, approximately $3.60 at the official rate. The…
In 2024, Venezuela faces the crossroads between economic growth and political uncertainty. Despite persistent challenges, such as inflation and political polarization, projections indicate gradual economic growth. Political stability, derived from the Barbados Accords, can be the catalyst for reforms that boost investment and business development. Companies, aware of the risks, can capitalize on…
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