BRASILIA, Sept 25 (Reuters) - Brazil's central bank employees said on Monday they would intensify work stoppages in protest of the government's alleged failure to address career improvement demands, a move that will impact the development of new initiatives at the bank. The National Union of Central Bank Employees (SINAL) said in a statement that this phase of the protest is expected to affect the timeline for launching the Brazilian central bank's digital currency, DREX, initially slated for late 2024. The central bank said it would not comment on the matter. Central bank authorities have been emphasizing the introduction of installment-based payments. The employees are advocating for central bank analysts to be treated as auditors, ensuring they receive compensation tied to productivity, similar to federal revenue auditors.

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Persons: Marcela Ayres, Matthew Lewis Organizations: National Union of Central Bank Employees, Thomson Locations: BRASILIA, Central, Brasilia