Increase in Minimum Income 2023 and Extension of the Health Alert until March 31, 2023
In 2022, Law No. 21,456 was published, which determined a readjustment of the minimum wage from $350,000 to $380,000 in May 2022, and then to $400,000 in August 2022, establishing an additional increase if inflation exceeded the threshold. of 7%.
In turn, on December 31, 2022, Decree No. 91 was published in the Official Gazette, which extends the validity of Decree No. 4 of 2020 of the Ministry of Health (which decrees a Health Alert and grants extraordinary powers due to the COVID outbreak. -19) until March 31, 2023.
For more information, you can read the following newsletter prepared by our BSO team.