Home » Latest News

Brazilian president unveils 6.8-pct minimum wage hike

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.

  • 沪ICP证:沪ICP备05050403
  • |
  • 网络视听许可证:0909346
  • |
  • 广播电视节目制作许可证:沪字第354号
  • |
  • 增值电信业务经营许可证:沪B2-20120012

 

Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend