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Old 09-02-2009, 06:23 AM  
kektex
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Join Date: Mar 2005
Location: elkektex at gmail
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Quote:
Originally Posted by andrej_NDC View Post
Seriously? I would have guessed $500+-.
Actually minimum wage is around $746 (Bs.F 1606), but that includes cestatickets (which are like coupons which have a fixed value in Bs. that people can use to buy food)

Every year Chavez announces around a 20% raise in minimum wage and then he gloats that venezuelans have the highest minimum wage in latin america. But what he doesnt say is that the inflation is at 30%.

Populism at its best.(or worst)
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