Brazil’s 2025 Budget Proposal: Higher Wages and Zero Deficit Goals

The Brazilian government submitted its 2025 Annual Budgetary Law Project to Congress, setting the minimum wage at R$ 1,509 ($270). This represents a 6.87% increase from the current wage of R$ 1,412 ($252). The adjustment includes a 3.82% projected increase based on the INPC. Additionally, it includes a 2.91% real increase tied to 2023’s GDP […]

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