Colombia minimal wage to extend 9.54% to $323 per thirty days in 2025

BOGOTA (Reuters) – Colombia’s minimal wage will enhance by 9.54% in 2025, Colombia’s President Gustavo Petro mentioned on Tuesday, asserting the hike by decree after a deal was not reached between the federal government, enterprise associations and staff unions.

The minimal wage in 2025 will rise to 1.4 million pesos ($323.90) per thirty days, Petro mentioned, up from 1.3 million pesos per thirty days this yr.

($1 = 4,395.44 Colombian pesos)