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 their children to school and has been credited with reducing poverty in Brazil.
Renda Cidada, which translates as “Citizen Income,” would draw from funds already dedicated to […]
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