Tags FGTS

Tag: FGTS

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – A recent measure adopted by the Brazilian government to allow nearly 30.2 million workers to withdraw the amounts deposited in inactive workers’ fund (FGTS) is expected to inject R$30 billion...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Brazilian government announced on Thursday measures to boost production and recover the country’s growth, including a credit injection of R$83 billion (US$20.4 billion) into the economy. Among the measures...
By Lisa Flueckiger, Contributing Reporter RIO DE JANEIRO, BRAZIL – After a protracted debate, Brazil’s National Monetary Council has finally approved an increase in the value of homes that workers can use their FGTS (a government-led unemployment insurance fund) to...
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