Brazil to extend emergency cash transfers to poor for 2 months – official

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)

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