Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Judi Lynn

(161,037 posts)
Thu Dec 26, 2013, 07:53 PM Dec 2013

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.)

1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Brazilian president unveils 6.8-pct minimum wage hike (Original Post) Judi Lynn Dec 2013 OP
Can we get some of that here, please? Flatulo Dec 2013 #1
Latest Discussions»Region Forums»Latin America»Brazilian president unvei...