Brazil’s government backs new basic income payments to poor

Brazil's government backs new basic income payments to poor

Brazil’s Economy Minister Paulo Guedes speaks next Brazil’s President Jair Bolsonaro during a press statement at the Alvorada Palace in Brasilia By Ricardo Brito and Marcela Ayres

BRASILIA (Reuters) – Brazil’s government on Monday detailed how it would pay for a new minimum income program called Renda Cidada, with President Jair Bolsonaro and Economy Minister Paulo Guedes still pledging to honor the country’s spending cap and fiscal rules.

The proposed program would replace Bolsa Familia, the successful flagship welfare program of former Workers Party President Luiz Inacio Lula da Silva, which pays women a stipend on the condition that they send […]

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