• 2026.05.08 (Fri)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Business

Paraguayan Finance Ministry Union Demands 69% Pay Raise

KO YONG-CHUL Reporter / Updated : 2025-04-15 16:40:49
  • -
  • +
  • Print

Asunción, Paraguay – The Professional Civil Servants Union of the Ministry of Finance and Economy (Siprufomef-DNIT) recently sent a letter to the Minister of Finance and Economy, Carlos Fernández Valdovinos, demanding a 69% salary increase for the agency's civil servants.

In the letter, the union urged the Minister to implement Article 7, Clause 3 of the Fiscal Responsibility Law (Ley N° 5098/2013), which stipulates the inclusion of provisions related to civil servant salary adjustments in the 2026 National Budget Law (PGN).

The union emphasized that the Organic Law of Regional Governments (Ley N° 3668/2008) and the Law Setting the Basic Monthly Salary Standard for Public Entities (Ley N° 4493/2011) are being faithfully observed for members of public entities and governors in accordance with the same law.

Furthermore, the union invoked the principle of equality before the law enshrined in Article 47 of the Constitution, arguing that the relevant provisions of the Fiscal Responsibility Law (Ley N° 5098/2013) are not being implemented.

In addition, they expressed dissatisfaction by comparing the fact that the minimum wage in the private sector is increased according to the relevant regulations, while public sector wages are not.

Meanwhile, this union also demanded the same 69% pay raise from the current minister last year, but it was not reflected during the finalization stage of the 2025 National Budget Law bill.

It is also worth considering that former Minister of Finance, Santiago Peña, included all allowances, including civil servants' salaries, in the budget, and that current civil servants receive numerous benefits such as bonuses, health insurance, and family allowances.

From a comprehensive perspective, this demand for a large-scale wage increase by the Professional Civil Servants Union of the Ministry of Finance and Economy is based on legal grounds and concerns about the decline in real wages due to rising prices. However, careful discussion and decisions are expected, taking into account the government's financial situation and equity with other public sectors. Attention will be focused on the negotiation process and outcomes between the government and the union in the future.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #한국
  • #중기청
  • #재외동포청
  • #외교부
  • #micorea
  • #mykorea
  • #newsk
  • #nammidonganews
  • #singaporenewsk
  • #타이완포스트
  • #김포공항
KO YONG-CHUL Reporter
KO YONG-CHUL Reporter
Reporter Page

Popular articles

  • President Lee’s Approval Rating Hits Record High of 67% for Second Consecutive Week: Gallup Korea

  • The AI Tsunami: Meta to Slash 10% of Workforce Amid Global Tech Purge

  • ElevenLabs Partners with Caring to Support ‘Senior Emotional Care’ via Voice AI

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://www.globaleconomictimes.kr/article/1065598820888616 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • South Korea’s KOSPI Surges to 7th in Global Market Cap, Overtaking Canada and UK
  • Global Pay Parity Demands Shaking Tech Giants: Samsung and SK Hynix Face Rising Labor Unrest in China
  • the 28th Overseas Koreans Literary Awards
  • Ambassador Hyuk-sang Sohn attended the "2026 Educational Community Sports Day" held at the Korean School of Paraguay on Friday, May 1.
  • Official Presentation of Credentials in Paraguay
  • U.S. World Cup "Host City Boom" Fizzles: Hotel Bookings Slump One Month Before Kickoff

Most Viewed

1
Iran Imposes Transit Fees on Strait of Hormuz Amid Escalating Maritime Tensions
2
Korea and Vietnam Forge Strategic Partnership in Science, Technology, and Innovation
3
80% of Enterprises Hit by 'AI Agent Anomalies': SailPoint Calls for Integrated Identity Governance
4
Kurly Abandons 'All-Paper' Packaging Strategy Amid Rising Cost Pressures
5
Tradition Meets the Public: Chungju’s Gugak Busking
광고문의
임시1
임시3
임시2

Hot Issue

Hyundai Motor Group Bets $700 Million on Mexico Amid Trade Policy Volatility

Honda Halts $15B Canada EV Plant Plans Amid Strategic Pivot to Hybrids

Digital Ghosts: The Rise of AI Ex-Partner Replicas and the Ethics of "Technological Mourning"

Kakao Hits Record Q1 Performance: Operating Profit Surges 66% as Focus Shifts to "Agentic AI"

Fashion Runway Show 2026

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 반달곰 프로젝트
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers