Last Friday (14), the Federal Government sent the draft Budgetary Guidelines Law (PLDO) for 2024 to the National Congress.
The document contains a proposal to readjust the minimum wage for BRL 1,389, R$87 above the current R$1,302. The increase continues without taking into account the projection of inflation in the period.
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To carry out the adjustment, the Government relied on data collected by the latest survey of the National Consumer Price Index (INPC), which point to an increase of 5.16% over the previous value.
In addition to the amount for 2024, the PLDO sent last week predicted minimum wages of BRL 1,435 for 2025 and BRL 1,481 for 2026, also taking into account the INPC.
The minimum wage was readjusted by the INPC in 2019, because of an item in the Constitution that requires the maintenance of the purchasing power of salaried workers.
Before 2019, the readjustment was based on projections of the Gross Domestic Product (GDP), which measures the generation of wealth in the country.
The government that took office in January of this year is studying a way to readjust wages above inflation, that is, with real gain. If this desire comes true, possibly neither the GDP nor the INPC will be used as a parameter.
According to the Ministry of Planning, the objective is to incorporate the increase into the Government's fiscal target. “Eventual new readjustment rules, which provide for real increases in the minimum wage, will be opportunely incorporated into the fiscal scenario when preparing the annual budget law”, said the note folder.
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