NEWS IN ENGLISH – Committee approves Budgetary Guidelines Law (LDO)

08/07/2010 09:38

Iolando Lourenço Reporter Agência Brasil

Brasília – The Congressional Joint Budgetary Committee approved the 2011 Budgetary Guidelines Law (LDO) last night after long negotiations resulting in changes in the original proposals (by Tião Viana (PT-AC), who drew up the bill) regarding the minimum wage and benefit adjustments for retirees, along with rules for pricing by state-run enterprises [there are official price lists for them, but it was decided that in some cases they could use market prices]. Final votes on the modifications are scheduled for today.
The LDO has to be approved before Congress can go into recess, which is supposed to begin on July 18.

Allen Bennett – translator/editor The News in English
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