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Labor underlines the “need to stick to increasing the SMI to 60% of the Spanish average salary”.

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MADRID, August 10 (EUROPA PRESS) –

The Secretary of State for Employment and Social Economy, Joaquín Pérez Rey, assured this Wednesday that, in the face of the current inflation, the government has “the need more than ever to comply with its program and its commitment”, which equates to the Interprofessional Minimum Salary (SMI) of 60% of the average Spanish salary in 2023.

Pérez Rey, in an interview in “Al Rojo Vivo” collected by Europa Press, has indicated that the Ministry of Labor and Social Economy will meet with the expert commission in early September to determine what the increase in the SMI will serve next year.

“We will continue to raise wages for next year. This is a hugely successful policy and more necessary than ever to counteract the impact of inflation on those who suffer the worst, those who receive the most modest wages,” he added.

The SMI is currently set at 1,000 euros per month in 14 payments. Both the second vice president and labor secretary, Yolanda Díaz, and the unions have spoken out in favor of pursuing the path of raising the SMI, especially given the rise in inflation. However, the Spanish Confederation of Business Associations (COE) has expressed its concerns on several occasions.

PEG NEGOTIATION “ON A VERY GOOD TRACK”

Pérez Rey also recalled this Wednesday that the negotiations on the General State Budgets (PGE) for 2023, which began earlier this month, are “on a very good track”.


For the Secretary of State, these PGEs must respond “with great ambition” to the challenges presented by the international economic situation and, above all, “to the devastating effects that inflation is having on sections of the population”.

He has also shown his confidence that the PGE 2023 will “meet the social needs widespread among citizens” and make budgets “as inclusive and socially ambitious as possible”.

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Source europapress.es

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