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Simone Tebet, responsible for Planning and Budget, made a controversial remark regarding the increase in the minimum wage. Check it out!
Last Thursday (31), federal authorities presented the Annual Budget Bill (PLOA) to the National Congress. In this context, Simone Tebet, in charge of Planning and Budget, commented that, even with the forecast of a minimum wage of R$ 1,421.00 for 2024, the economic sector is still seeking ways to cover it.
Therefore, the suggested amount indicates an increase of approximately 7.7% compared to the current minimum wage, which means an increase of R$ 101.00. However, Tebet clarified that this figure serves as a projection, since, under the current rules, the amount cannot be lower. Learn more!
Increase in the minimum wage
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Throughout his electoral campaign, President Luiz Inácio Lula da Silva (PT) pledged to grant a real increase to the national minimum wage, that is, one higher than inflation. This would increase families' purchasing power. In this regard, the federal government recently ratified the legislation establishing the annual increase strategy.
Thus, the current minimum wage increase strategy takes into account both inflation and fluctuations in the Gross Domestic Product (GDP) of the two preceding years. The new amount will take effect as of January 1.
Parameters for the increase
In planning for 2024, the 2022 GDP, with growth of 2.9%, serves as a reference. Additionally, the team will consider inflation based on the National Consumer Price Index (INPC) accumulated during the 12 months preceding the adjustment. However, the authorities will adjust the amount if the result deviates from the initial forecast.
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Finally, it is important to emphasize that the increase in the minimum wage, in addition to influencing the remuneration of those who earn the minimum wage, also affects the benefits of the National Institute of Social Security (INSS). In conclusion, click here to find out what the ideal minimum wage would be.
