University Study: Extending Full Emergency Aid Could Mitigate Brazil’s GDP Slump

About to be reduced, the benefit would help cushion the economic downturn if it were extended until December, says a study by the Federal University of Minas Gerais. Almost half of its cost would be covered by increased tax collection.

RIO DE JANEIRO, BRAZIL -  For weeks, the government of Jair Bolsonaro has been discussing the future of the R$600 (US$120) emergency aid provided to casual workers, the self-employed, individual microentrepreneurs (MEIs), and the unemployed, to tackle the crisis caused by the coronavirus pandemic. The aid, which was . . .

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