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President Gustavo Petro announces 23% minimum wage hike to $1,750,905 COP for 2026 at podium, with cheering workers and concerned business leaders.
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Petro Decrees 23% Minimum Wage Increase to $1,750,905 for 2026 After Stalled Talks

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Following the anticipated Dec 29-30 announcement after failed Tripartite Commission negotiations—as previously reported—President Gustavo Petro decreed a 23% hike to the 2026 legal monthly minimum wage, setting it at $1,750,905 plus $249,095 transport allowance (up 24.5%), totaling $2 million. The move aims to cover vital family living costs amid criticism from business leaders over economic risks.

The South African Transport and Allied Workers Union (Satawu) has warned of a looming bus strike ahead of the Easter weekend after wage negotiations collapsed with the South African Road Passenger Bargaining Council (Sarpbac). The union declared a dispute in February when employers failed to meet demands and refused a revised offer during recent conciliation.

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The national government has called state unions ATE and UPCN to reopen wage negotiations for the National Public Administration. The meeting is set for this Friday at 2 p.m. in the Labor Secretariat in Buenos Aires. The unions are demanding a 45% salary adjustment and a one-time fixed sum of four million pesos.

President Gustavo Petro urged the Superintendencia de Industria y Comercio to probe unjustified increases in goods and services tied to the recent vital salary hike. In a televised Council of Ministers, he criticized practices exploiting the 23.7% salary rise to inflate costs in areas like education and building management.

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Midday meal cooks in Chhattisgarh government schools have been on an indefinite strike for 21 days in New Raipur. They are demanding a raise in their daily wages from Rs 66 to Rs 340. Protesters highlighted work pressures and financial hardships.

After stalled talks, Colombia's government will decree the 2026 minimum wage on Dec. 29-30, debuting the 'vital minimum wage' for family dignity per ILO standards, President Petro announced. Crucially, it won't mandate raises for salaries above the minimum.

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Following stalled negotiations, Labor Minister Antonio Sanguino confirmed the 2026 minimum wage increase—now incorporating President Gustavo Petro's 'vital minimum wage' for family living costs—will be announced Dec 29-30 and decreed by Dec 31, per ILO standards.

 

 

 

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