Macroeconomy/Finance

Retirement: Government formalizes 7.5% increase since September

The Government made official the 7.5% increase for retirees and pensioners as of September. Thus, the minimum credit will be 18,129 pesos ($246), while the maximum will be 126,897 pesos ($1,722). With this increase, eight out of every ten retirees will beat accumulated inflation so far in 2020 by nearly 22%.

Source: Ámbito

Categories: Macroeconomy/Finance