BRASILIA (Reuters) – Brazilian President Jair Bolsonaro said on Friday that emergency payments to help the poor in the pandemic could vary from 150 reais to more than 300 reais ($ 26.36- $ 52.72), while plans being considered at Congress provides a cash transfer of 250 reais.
“We agreed, if I’m not mistaken, on average 42 billion reais for four months with 250 (reais) installments,” he told supporters outside his official residence.
“Why is it average? There is a story about a single mother or I don’t know what, so it will vary from 150 to 300 reais and a little. “
The Senate approved a four-month payment plan of 250 reais each on Thursday. Proposals are set for a vote in the lower house next week.
Brazil’s previous emergency payments program, which ended in December, cost the government around 322 billion reais but is credited for a less than forecasted economic contraction of 4.1% in 2020.
($ 1 = 5,6908 reais)
Reporting by Ricardo Brito; Edited by Leslie Adler
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