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Economic news

Brazil govt has not decided on wage increase for public servants this year, says Treasury secretary

04/18/2022

Less than a minute

2022.04.18 18:10

BRASILIA (Reuters) – The Brazilian government has not yet decided on a salary increase for public servants this year, said Special Treasury and Budget Secretary Esteves Colnago, stressing that an across-the-board 5% wage increase is one of the proposals on the table.

Speaking at a press conference, Colnago also said that automatic minimum wage adjustment to compensate for inflation is a rule that should be looked at more carefully. The Congress – not an automatic rule – should decide on the matter, he added.

Source

04/18/2022

Less than a minute