PoliticsNotableReported
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Peru announces first S/100 minimum wage hike tranche for October, second in 2027
La República (Peru)LO·PE · CU·1 day ago
Peru's Ministry of Economy and Finance (MEF) will provide a one-time transitional bonus of S/100 to certain micro and small enterprises (MYPEs) following a salary increase. The measure is estimated to benefit around 300,000 workers. The policy aims to offset the impact of the wage hike on small businesses, but details on eligibility and funding remain unclear.