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Thu Dec 26, 2013, 07:53 PM

Brazilian president unveils 6.8-pct minimum wage hike

Brazilian president unveils 6.8-pct minimum wage hike

Dec 24,2013

RIO DE JANEIRO, Dec. 23 (Xinhua) -- President Dilma Rousseff announced Monday that the monthly minimum wage will be lifted to 724 Brazilian reals (306 U.S. dollars) starting next month, a 6.8-percent increase.

In a message via Twitter, Rousseff said she has signed the measure into law after it was approved by Congress last week as part of the 2014 budget, in accordance with the country's GDP growth and inflation-adjusted.

The move is expected to inject an additional 46 billion reals (20 billion dollars) into the Brazilian economy in 2014, according to Sao Paulo's Trade Federation of Goods, Services and Tourism.

http://www.shanghaidaily.com/article/article_xinhua.aspx?id=189454

(Short article, no more at link.)

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Reply Brazilian president unveils 6.8-pct minimum wage hike (Original post)
Judi Lynn Dec 2013 OP
Flatulo Dec 2013 #1

Response to Judi Lynn (Original post)

Sun Dec 29, 2013, 12:43 AM

1. Can we get some of that here, please?

 

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