Showing posts with label Minimum Wage. Show all posts
Showing posts with label Minimum Wage. 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.

Wednesday, 17 April 2019

The minimum wage in Brazil will not increase above inflation in 2020, which has not happened for 15 years

According to the draft budget presented by the government of Jair Bolsonaro for the year 2020, the minimum wage should be R$ 1,040, only with the replacement of inflation. The project also does not predict real increase for servers, only the military will have increased above inflation.

If approved, the adjustment begins in January 2020, with payment starting in February 2020.

Thus, Bolsonaro interrupts a public policy of real increase of the minimum wage that it has begun 15 years ago, and that aimed at reducing the social inequalities of the country.

Brazil is one of the most unequal countries on the planet. Almost 30% of Brazil's income is in the hands of only 1% of the country's inhabitants.

According to Oxfam, 86% of Brazilians believe that the country's backwardness is related to the gigantic economic inequality between rich and poor.

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