Home Business Employees of the Central Bank of Brazil went on strike indefinitely, and the president is still on vacation in the United States.
Employees of the Central Bank of Brazil went on strike indefinitely, and the president is still on vacation in the United States.

Employees of the Central Bank of Brazil went on strike indefinitely, and the president is still on vacation in the United States.

by YCPress

April 2 2022 – On the 1st local time, employees of the Central Bank of Brazil launched an indefinite strike demanding higher salaries. At the time of the strike, Campos Neto, Governor of the Central Bank of Brazil, was on vacation in Miami, USA.

According to Reuters on the 1st, on the grounds that the above salary adjustment requests of employees of the Central Bank of Brazil were not answered, and on March 28, they voted to launch an indefinite strike on April 1. On the day of the strike, central bank governor Neto was on vacation in Miami, USA. Trade union chairman Fabio Fayard regretted the timing of Neto’s vacation. “In such an important juncture, the president’s trip to Miami for a vacation will not help solve this crisis at all.” Neto held online talks with union representatives on March 29, but failed to reach any agreement. After that, Neto went to the United States for a holiday on March 31.

Union Chairman Fayard said that nearly 70% of central bank employees are expected to insist on strike. The report pointed out that Brazil’s inflation rate has reached double digits, strikes have prevailed in many public sectors in the past few months, and the daily operations of government departments have been interrupted. The Central Bank of Brazil, which was originally expected to release the economic survey report and economic data next week, has also been postponed indefinitely.