“We made an agreement, if I’m not mistaken, of 42 billion reais for four months of installments of 250 (reais), on average,” he told supporters outside his official residence.
“Why on average? There’s a story of a single mother or I don’t know what, so it will vary from 150 to 300 reais and a bit.”
The Senate approved the plan for four months of payments of 250 reais each on Thursday. The proposal is set for a vote in the lower house next week.
Brazil’s previous program of emergency payments, which expired in December, cost the government some 322 billion reais but is credited for a less severe-than-expected economic contraction of 4.1% in 2020.
($1 = 5.6908 reais)
Source: Economy - investing.com
