Clipping of news on Brazilian Culture, Law and Citizenship
18/07/2012
This article was translated by an automatic translation system, and was therefore not reviewed by people.
SAO PAULO - The Joint Budget Committee approved Tuesday in the basic text of the LDO (Budgetary Guidelines Law) for 2013, which determines the goals and priorities of government administration for next year.
The text adopted is the projection of the minimum wage of R$ 667.75 in January 2013. Since the primary surplus planned for next year will be R$ 155.9 billion for the public sector, of which R$ 47.8 billion of responsibility of states and municipalities
According to the Agency Brazil, The LDO directs the development and implementation of the annual budget, the tax changes, on payroll, tax policy and transfer of the Union
After the approval of the LDO, the Executive has until Aug. 31 to forward to Congress the LOA (Budget Bill). The report estimates the revenues that the government hopes to raise during the year and fixed costs to be made.
Source: News Agency
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This article was translated by an automatic translation system, and was therefore not reviewed by people.