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Thursday, April 30, 2026

Brazil Mulls Minimum Wage at BRL 1,320 w/ Cost of BRL5b: Reuters - Bloomberg Tax

Finance Ministry mulls an additional increase to the minimum wage, to 1,320 reais per month from current 1,302 reais, Reuters reports citing people with knowledge of the matter.

  • Measure would cost 5b reais in 2023
  • The decision may be a change of Minister Fernando Haddad’s previous position

News link: UOL Brasil: Economic team admits readjusting minimum wage to R$1,320 and sees cost of up to R$5 billion —sources

Original Story:Gov. avalia salário mínimo em R$ 1.320, custo de R$ 5 bi:Reuters

To contact the translator on this story:
Rachel Gamarski in in Sao Paulo at [email protected]

To contact ...

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