PODCASTS

14 minutes 2 sec.

Ambassador of Ethiopia to Russia Uriat Cham Ugala/ “Joining BRICS is a growth opportunity for Ethiopia”

20 minutes 11 sec.

Douw Vermaak/ «Relations between Russia and South Africa are getting stronger»

8 minutes 22 sec.

Anthony Phiri, Harare Institute of Technology/"The world needs to work together to reduce greenhouse gas emissions"

ALL PODCASTS

TV BRICS PROJECTS

11.04.2417:12 Society

UAE joins media co-operation with BRICS countries through TV BRICS network

05.04.2415:17 Society

TV BRICS to promote Cuba's co-operation with BRICS+ countries in the film industry

01.04.2412:56 Culture

Viewers of Venezuela's parliamentary TV channel to see programmes about small towns in Russia

ALL ARTICLES

03.09.22 13:46

Economics

Brazilian government proposes a minimum wage of R$1,302 for 2023

It will increase by R$90 compared to the current minimum wage

The Ministry of Economy's draft annual budget act (PLOA) stipulates a minimum wage of R$1,302 for 2023.

The amount will increase by R$90 compared to the current minimum wage of R$1,212. The number represents an increase of 7.4%.

The text was released by the federal government late on Wednesday evening (31 August) and sent to the National Congress. The PLOA details all provisions of the fiscal policy, the investment budget and the budget covering the social security area for 2023.

The calculations follow the Ministry of Economic Affairs' forecast for this year's national consumer price index (CPI) in July. The Constitution states that the adjustment of the minimum wage cannot be less than the previous year's inflation.

The budget contains a forecast of 7.2% for the National Broad Consumer Price Index (IPCA) in 2022.

The new minimum wage could be revised if the official national inflation rate is higher than projected in the bill. This is reported by Metrópoles, a partner of the TV BRICS network.

Photo: IStock

Back

MORE ON THE TOPIC

18.04.2408:31 Economics

China's central bank keeps medium-term interest rate

17.04.2414:17 Economics

Tehran and Moscow finalise draft contract to implement agreement on construction of Rasht-Astara Railway

17.04.2413:30 Economics

Brazilian government sets 2025 fiscal target of zero primary deficit

17.04.2412:56 Economics

More than 200 companies with Chinese investment in South Africa create over 400,000 local jobs

17.04.2408:31 Economics

Egypt's Finance Ministry announces co-operation with 2,000 global investment institutions

16.04.2417:12 Economics

Startups in India raise US$105 million in week

Grigory Karasin

Head of the Russian Federation Council Committee on International Affairs

"More than 40 states are applying for BRICS membership. Every month the number of such countries is increasing. This shows that such a free, flexible form of interaction through BRICS is very attractive"

Kazem Jalali

"We are happy that the Russian Federation is chairing the BRICS framework. We have decided to participate at the highest level in all BRICS events that are taking place in the Russian Federation"