Showing posts with label Budget. Show all posts
Showing posts with label Budget. Show all posts

Wednesday, 18 December 2019

Jair Bolsonaro's government sends the 2020 Budget to Congress; ministries of Human Rights and the Environment will have the lowest investments

According to the Congresso em Foco website, the ministries that take care of the preservation of Brazilian human rights and the environment will receive the smallest portions of the 2020 budget. The proposal was ratified yesterday by the text's rapporteur in Congress, Domingos Neto.

Confer to the ratified text, the 2020 Federal Budget will distribute R$ 225.95 billion among 16 areas. While the Ministry of Mines and Energy will receive the largest share: R$ 113.3 billion, Environment  and Human Rights will receive R$ 561.6 million and R$ 467.4 million, respectively.

Budget 2020 also set the minimum wage at R$ 1,031 (about 250 dollars in today's exchange rate). Thus, the minimum wage will have a readjustment of 3.31%, which means that there will be no real increase compared to the current value of R$ 998, only the correction of inflation of 2019.

Brazil’s First-Ever Biomethane Plant Powered by Pig Waste Is Set to Transform the Energy Sector

Brazil is set to inaugurate Latin America's first biomethane plant certified by the ANP (National Agency of Petroleum, Natural Gas and ...