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Venezuelan President Nicolas Maduro ordered a 275 percent increase in the monthly minimum wage on Monday, the third hike this year, as hyperinflation drains the value of workers’ salaries.

The minimum wage rose to 150,000 bolivars ($8) from 40,000, lawmaker Francisco Torrealba, a former labor minister and close ally to the socialist president, wrote on Twitter on Monday. In addition, workers will receive a food bonus of 150,000 bolivars, he added. It’s the second time in a row the announcement has come via a lawmaker, rather than the president.

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