Brazil Economy Minister: If Covid Second Wave Hits, Government Will Pay Emergency Aid

Guedes said that "there will be no tax increase for those who pay taxes, but for those who never paid, taxes will increase."

RIO DE JANEIRO, BRAZIL - Minister of Economy Paulo Guedes stressed yesterday, November 12th, that should there be a second wave of infections by the novel coronavirus in Brazil, the government will once again grant emergency aid to Brazilians in economically vulnerable situations.

"If there is a second wave, it is not a possibility, it is a certainty [that the government will pay emergency aid again]," he said at the National Supermarket Day event, organized by the Brazilian Supermarket Association (ABRAS). But he stressed that he considers the probability of a new wave of infections to be "slim".

According to Guedes . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?