Post
Topic
Board Economics
Re: Enjoy comunism: Venezuela raises monthly minimum wage to $2.40
by
Sithara007
on 06/05/2021, 04:08:05 UTC
I don't think the situation in Venezuela will change for the better any time soon. The salary is a little over two dollars a month, it's ridiculous. But, of course, not for Venezuelans. For this salary, you can buy thirty eggs, that is, the salary provides one egg per day. Therefore, a significant part of the population of this country is simply starving there. Everything needs to be changed there.

It is not that bad. I am not a resident of Venezuela, so someone from there can correct me if I am wrong. Large number of Venezuelans are employed in the neighboring countries such as Colombia and they send considerable amounts as remittance (more than 5 million Venezuelans have left the country in the past few years). Also, a lot of Venezuelans do freelancing and receive their salaries in USD or other foreign currency. Even inside Venezuela, the salaries are not that low.