Economy

Brazil’s Guedes suggests that the government may raise the minimum wage above inflation. Stocksak


© Stocksak. FILEPHOTO: Brazil’s Economy minister Paulo Guedes speaks at Planalto Palace, Brasilia, Brazil, October 6, 2022. REUTERS/Ueslei Marcelino

BRASILIA – On Tuesday, Paulo Guedes, Brazilian Economy Minister, said that President Jairbolsonaro could, if reelected to office, raise the minimum wage above inflation, now that the pandemic is over.

The minister spoke virtually at an event about cooperativism and denied that the government wanted to eliminate the possibility that income tax could be deducted for medical or health expenses.

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