
As the world celebrates 1st May which “Worker’s Day”, a President has increased his country’s minimum wage, effective from Monday.
Venezuela’s President Nicolas Maduro has ordered a 60% increase in the country’s minimum wage, effective from Monday.
Including food subsidies, the worst-paid workers will now take home about 200,000 bolivars a month – less than $50 (£38) at the black market rate.
According to BBC, the pay rise is the third this year from Mr Maduro, and aims to benefit government workers and the military.
It comes a month after deadly protests erupted in the country.
Demonstrators first took to the streets on 1 April to demand elections, after the courts tried to strengthen the president’s grip on power.
Marches in various cities descended into clashes between riot police and protesters, which have left 28 people dead.