Economy

Bolsonaro to sign decree raising Brazil minimum wage by 5%

By Metro US Posted on December 30, 2020

FILE PHOTO: Brazil’s President Jair Bolsonaro looks on as he

FILE PHOTO: Brazil’s President Jair Bolsonaro looks on as he adjusts his protective face mask during a ceremony launching a program to expand access to credit at the Planalto Palace in Brasilia

BRASILIA (Reuters) – Brazilian President Jair Bolsonaro said that he would sign a decree later on Wednesday raising the national minimum wage by 5.26% to 1,100 reais ($211.80) per month beginning on Jan. 1.

Bolsonaro said on Twitter that he would make the change via a temporary decree that requires Congressional approval to take permanent effect.

(Reporting by Jake Spring; Editing by Christian Plumb)

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