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By THE PULSE NEWS MEXICO STAFF

Mexican President Andrés Manuel López Obrador (AMLO) announced on Thursday, Dec. 19, that he will propose a 15-percent increase in the nation’s minimum wage for 2021.

“For the last two years, we have been working to raise the minimum wage in Mexico,” AMLO said in his daily morning press conference.

“In our first year in office, we managed to raise that figure by 16 percent,” he said.

“In our second year, we raised is 20 percent, and now we plan to raise it 15 percent for next year.”

In 2019, AMLO’s first year in office of a six-year term, the minimum daily wage in Mexico increased to 102.68 pesos.

This year, that figure grew to 123.22 pesos a day for most of the country, and 185.56 pesos a day along the U.S. border.

López Obrador said that the overall buying power of underprivileged Mexicans had decreased over the course of the 36 years during which the country was governed by “neoliberal” presidents.

“It is going to take some time to recover that ground that was lost,” he said.

AMLO’s proposed raise must first be approved by the Representative Council of the National Minimum Wage Commission (Conasami), no later than Dec. 31.

…Dec. 11, 2020

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