Venezuela Announces 6-month Rent Suspension, Guarantees Workers’ Wages, Bans Lay-offs

Bonus and wages

The Venezuelan government announced a series of measures on Sunday in attempts to protect the population from the economic effects of the coronavirus crisis.

Speaking on a live televised address, President Nicolás Maduro instructed that all commercial and residential rent, as well as all capital and loan interest payments, are to be suspended for six months.

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