What to do with 5 years severance package for cardiologist in Venezuela? Buy a cup of coffee!
In Venezuela, five years of severance pay now buys a coffee
01 May 2018
When Yolanda Abreu got her check for severance pay after five years working as a cardiologist, she let out a laugh of sheer disbelief: it was barely enough for a cup of coffee.
Like her, millions of Venezuelans have seen their salaries decimated by rampant hyperinflation that is expected to drive prices up by 13,000 percent this year, IMF figures show.
Her story hit the headlines after she tweeted a photo of the
check for 156,584.29 bolivars, which equates to about $0.20 on the black market.
"They called me from Caracas University Hospital to come and collect my check for benefits accrued over five years of service as a level 2 specialist in cardiology and electrophysiology," she wrote on Twitter.
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http://www.france24.com/en/20180501-venezuela-five-years-severance-pay-now-buys-coffee