HomeNewsBriefChavez Promises Military 50% Pay Rise
BRIEF

Chavez Promises Military 50% Pay Rise

VENEZUELA / 27 OCT 2011 BY JEANNA CULLINAN EN

President Hugo Chavez announced a 50 percent salary boost and other benefits for members of Venezuela’s armed forces.

The salary boost will be retroactive from September 2010. Via live broadcast from Maracay, in the Caribbean state of Arauga, Chavez presented 832 members of the armed forces with apartments in a military housing complex.

Additional benefits will include a guarantee of low interest rates, with no downpayment, on the purchase of homes and cars for military members. The pay rise is significantly above inflation, which is expected to reach 30 percent this year.

While the move is likely an attempt to appease the armed forces, an important power base for Chavez, it could also have an impact on corruption in the institution. There have long been allegations that the Venezuelan military colludes with drug trafficking and Revolutionary Armed Forces of Colombia (FARC), and increasing salaries could in theory cut the incentive for elements in the army work with criminal groups.

share icon icon icon

Was this content helpful?

We want to sustain Latin America’s largest organized crime database, but in order to do so, we need resources.

DONATE

What are your thoughts? Click here to send InSight Crime your comments.

We encourage readers to copy and distribute our work for non-commercial purposes, with attribution to InSight Crime in the byline and links to the original at both the top and bottom of the article. Check the Creative Commons website for more details of how to share our work, and please send us an email if you use an article.

Tags

Was this content helpful?

We want to sustain Latin America’s largest organized crime database, but in order to do so, we need resources.

DONATE

Related Content

BRAZIL / 3 JAN 2019

Welcome to InSight Crime’s Criminal GameChangers 2018, where we highlight the most important trends in organized crime in the Americas…

ECUADOR / 25 MAR 2011

According to a new cable released by WikiLeaks via El Espectador, the government of former Colombian President Alvaro Uribe planned to…

COLOMBIA / 31 OCT 2018

A growth in cattle smuggling from Venezuela to Colombia with participation from criminal organizations could be the result of heavy-handed…

About InSight Crime

THE ORGANIZATION

Emergency First Aid in Hostile Environments

24 SEP 2021

At InSight Crime's annual treat, we ramped up hostile environment and emergency first aid training for our 40-member staff, many of whom conduct on-the-ground investigations in dangerous corners of the region.

THE ORGANIZATION

Series on Environmental Crime in the Amazon Generates Headlines

17 SEP 2021

InSight Crime and the Igarapé Institute have been delighted at the response to our joint investigation into environmental crimes in the Colombian Amazon. Coverage of our chapters dedicated to illegal mining…

THE ORGANIZATION

Exploring Climate Change and Organized Crime

10 SEP 2021

In July, InSight Crime Co-director Steven Dudley moderated a panel for the Climate Reality Project's regional series of workshops for young climate activists in the Americas. The week-long event…

THE ORGANIZATION

Gearing Up a New Class of Interns

3 SEP 2021

InSight Crime is readying its newest class of interns – from universities in Europe and the Americas – to begin investigative work on a number of high-impact projects. For the…

THE ORGANIZATION

Tracking Environmental Crime in the Amazon

27 AUG 2021

Next week, InSight Crime launches an investigation – conducted with Brazilian think-tank the Igarapé Institute – on the sophisticated organized crime structures and armed groups that…