Brazil to extend emergency cash transfers to poor for 2 months

Submitted by pmassetti on
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Reuters - Brazil’s government plans to extend an emergency cash transfer program to relieve poor families during the coronavirus pandemic for another two months, a government official with knowledge of the matter told Reuters on Monday. The 250 reais-per-month handout, to be financed with an extraordinary credit of 12 billion reais ($2.38 billion), will be paid in August and September, continuing a program started last year and revived for four months in April, the source said. ($1 = 5.04 reais)

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Brazil’s government plans to extend an emergency cash transfer program to relieve poor families during the coronavirus pandemic for another two months, a government official with knowledge of the matter told Reuters on Monday. The 250 reais-per-month handout, to be financed with an extraordinary credit of 12 billion reais ($2.38 billion), will be paid in August and September, continuing a program started last year and revived for four months in April, the source said. ($1 = 5.04 reais)

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