The Minister of Economy, Luis Caputo, announced this Monday that pensions will have a 30% increase due to the current mobility formula and a compensatory bonus. Caputo warned that the coming months are going to be "very tough" He estimated that February inflation will be closer to 10% and that income suffered due to devaluation and the lack of updating of assets.
"How many retirees would lose if we kept the formula, we have to change it and in the meantime give a bonus and try to protect the purchasing power of retirees," explained the minister.