Brazil President Signs 2024 Annual Budget Law With Increase in Minimum Wage

Jan. 26, 2024, 5:00 AM UTC

The Brazilian President’s Office Jan. 23 announced the Jan. 22 signing of the 2024 Annual Budget Law, with line-item vetoes. The law includes a measure reflecting the increase in the monthly minimum wage to 1,412 Brazilian reals (US$286.18) on Jan. 1, 2024, from 1,320 reals (US$267.53) in 2023. [Brazil, Office of the President, 01/23/24]

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