The Government convened the Minimum, Vital and Mobile Wage Council to review the current amounts. Benefits and even the income tax floor depend on the established figure.
This is a call that the ruling party delayed during the first months of his administration, despite its promises of a call. The minimum wage, which has remained stagnant since December, is located at 156,000 pesos. During 2023, it had an increase of 151.8 percent compared to an inflation of 211.4 percent. The SMVM Commission brings together union members from the CGT and CTA and business representatives.