Panorama
Government of São Tomé increases minimum pension by 8 euros
Prime Minister Américo Ramos announced an increase retroactive to July, two months before September elections.
The government of São Tomé has announced an increase of 8 euros in the minimum pension, set to take effect in September. This is the second increase implemented during the current legislative term. According to Prime Minister Américo Ramos, the measure will have retroactive effects from July.
The decision to raise the minimum pension comes in an electoral context, just two months before the elections scheduled for September. The government hopes that this measure will contribute to the welfare of retirees in the country, although details regarding the financial impact have yet to be disclosed.
Approved by the government, this change to the minimum pension reflects an effort to improve the living conditions of pensioners. The official communication did not provide data on the number of beneficiaries who will be affected by this change.