RIO DE JANEIRO, BRAZIL - (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 R$250 per-month handout, to be financed with an extraordinary credit of R$12 billion (US$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. (US$1 = 5.04 reais)
(Reporting by Lisandra Paraguassu; Editing by Leslie Adler . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here