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Colombia's Minimum Wage Hike

Published on: Dec. 30, 2025, 5:57 a.m. | Source: Devdiscourse

Colombia's President Gustavo Petro announced a significant increase in the minimum wage to 1.75 million Colombian pesos per month, approximately $470. This 22.7% hike will take effect in 2026, impacting around 2.5 million workers across the nation. The government's decision aims to improve living standards.

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