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What Keiko Fujimori's wage hike could mean for Peru

Keiko Fujimori Peru Minimum Wage

PERU-POLITICS-INAUGURATION Peru's President Keiko Fujimori speaks after taking the oath of office during her inauguration ceremony at Congress in Lima on July 28, 2026. Peru's right-wing president-elect Keiko Fujimori will take office on July 28, 2026, vowing to tackle the wave of crime sweeping the Andean nation. Fujimori won the June 7 presidential runoff by fewer than 50,000 votes, after losing the past three runoffs. (Credit: Photo by Guadalupe Pardo / POOL / AFP via Getty Images)

Peru's new rightwing president made a surprise announcement as she took power last week that she will raise the country's minimum wage, immediately renewing debate about whether higher pay will only result in more Peruvians working in the shadows.

President Keiko Fujimori said the minimum monthly salary will increase from 1,130 ($333 USD) to 1,300 soles ($384 USD) a month, a 15% increase of about $50 USD.

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