Published On: Fri, Dec 2nd, 2016

Package of measures after implementation increase minimum wage

MoneyWILLEMSTAD - If there is an increase in the minimum wage is there must also be a package of measures to compensate for the adverse economic impact.

This is according to the Curaçao Business Association (VBC). Only then, according to the VBC, the increase in the minimum wage is justified.

As of January 1, 2017, the minimum wage will be increased to 9 guilders per hour and gradually 11.41 guilders per hour. The VBC thinks that this is highly irresponsible and says that this measure will worsen the economic and social situation on the island.

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