the finance minister of mexico have said that he believes that the proposed minimum wage hike would definitly not cause inflation or actually hurt jobs...

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the Finance Minister of mexico who is known as Arturo Herrera have actually said on Twitter on Tuesday that a proposed every day minimum wage hike of up to twenty percentage is a piece of a technique to fortify laborers' buying power without fanning swelling or hitting employments.

The second sequential significant compensation increment could make it trying for the national bank to monitor center swelling, specialists said.

The day by day the lowest pay permitted by law will be 123.22 pesos ($6.36) in 2020; in the northern fringe area, where it was raised by 5%, it will be 185.56 pesos. Almost 11 million Mexican laborers acquire what might be compared to a lowest pay permitted by law.

"This is a noteworthy increment, the greatest in 44 years," Herrera said in a progression of posts on Twitter that were later erased.