Pandemic Bill in Brazil Has Reached R$700 Billion

Extraordinary government spending and tax waivers to assist the sector amount to almost ten percent of GDP.

RIO DE JANEIRO, BRAZIL - In the words of President Jair Bolsonaro, the disease brought on by the coronavirus would be nothing more than a "minor flu". Yet, five months later, the damage caused by the pandemic in the country bears no resemblance to a common flu outbreak, which is treated with vitamin C and plenty of rest - or chloroquine, as Bolsonaro promotes.

In addition to the 100,000 lives claimed by the virus and the three million Brazilians infected so far, including the President himself, the amount of resources used to fight the pandemic and mitigate its economic and social . . .

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