Brazil’s Basic Income Scheme ‘Renda Brasil’ Will Cost R$52 Billion a Year

With the simplest model, Renda Brasil could be passed in Congress faster, and implemented soon after the emergency aid has ended - the disbursement of the last installment is scheduled for August.

RIO DE JANEIRO, BRAZIL - The R$600 emergency aid for low-income casual workers, the celebrated program that helped stem the Brazilian economy's tumble at the height of the crisis triggered by the novel coronavirus, has a date to end. The economic team is studying how to restructure social assistance programs after the benefit ends, as it helped increase the population's income during the pandemic, but is unaffordable in the long term. The initial effort is the already named Renda Brasil (Brazil Income), which plans to upgrade the Bolsa Família (Family Grant).

Although the concept of

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