Brazil’s minimum wage will be increased to 1,039 reais ($258) a month in 2020, the government said on Tuesday, a higher level than it had previously forecast that will require even tighter controls on spending to ensure its fiscal rules are not broken.
The new minimum wage, provisionally signed into law by President Jair Bolsonaro on Tuesday, is 4.1% higher than this year’s 998 reais, and more than the 1,031 reais the government had originally included in its 2020 budget proposals.
Brazil Energy Insight 
Leave a comment