And this morning on Sunup on 7, the CEO in the Ministry of Economic Development also discussed the promised minimum wage increase. He explained that this increase will also put an extra burden on the employers who, not only have to contend with rising inflation, but who now have to pay their employees more.

And of course, the employees are also battling the inflation, and in their case, the proposed $5 may not even be enough.

That's why, as CEO Martinez explained, there needs to be adequate consultation.

Tags Ministry Of Economic Development