Colombia’s swap rates surged across the curve following a surprisingly large minimum wage increase that added to expectations ...

President Gustavo Petro announced a 954 percent increase in the country minimum wage for 2025 setting it at 14 million pesos ...

BOGOTA, Dec 24 (Reuters) - Colombia's minimum wage will increase by 9.54% in 2025, Colombia's President Gustavo Petro said on ...

The minimum wage in 2025 will rise to 1.4 million pesos ($323.90) per month, Petro said, up from 1.3 million pesos per month this year. The increase is smaller than the hike announced for this year.

Colombia Swap Rates Jump as New Minimum Wage Fuels Fiscal Woes President Petro raised minimum wage by 9.5%, above inflation Central bank, worried about inflation, had warned against move ...

BOGOTA, (Reuters) – Colombia’s minimum wage will increase by 9.54% in 2025, Colombia’s President Gustavo Petro said yesterday, announcing the hike by decree after a deal was not reached ...