Clipping of news on Brazilian Culture, Law and Citizenship
01/02/2015
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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President Dilma signed a decree making official adjustment of 8.8% in remuneration as of January 1, 2015
THE DAY
Rio - From Thursday the national minimum wage paid to workers across the country will be US $ 788. The new value has been set in a decree signed by President Dilma Rousseff and published in yesterday's edition of the Official Gazette Compared. the current value of R$ 724, the adjustment represents an increase of 8.8%.
And yet, from this increase, the daily value tread paid to workers shall be R$ 26.27 and R$ 3.58 per hour worked. And the government is expected that the increased benefit 48 million people with income linked to the national level.
SOLID ECONOMY
The value of R $ 788 was provided in the budget proposal submitted by the government to Congress. The minimum wage is calculated from a formula that takes into account the inflation of the previous year and the growth of Gross Domestic Product (GDP) two years before.
In Economics in Perspective report, released yesterday by the Ministry of Finance, the Minister Guido Mantega said the country's economy is "strong and, with the necessary adjustments, prepared to engage a new cycle of growth in the coming years." The document is an assessment of the government about the economic outlook.
"In these years of crisis, Brazil walked in the opposite direction to that of most developed countries. While these cut public spending and investment, a policy was made that kept GDP growth (sum of goods and services produced in a country) positive and the generation of employment and income, "said Mantega.
In the text, the ministry attributed the low economic growth this year to factors such as the international economic crisis, the World Cup and the impact of drought on food prices. The folder highlighted that raising interest rates to contain inflationary pressure slows the credit.
Source: The Day Online
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This article was translated by an automatic translation system, and was therefore not reviewed by people.