BRASILIA (Reuters) – Brazil’s government on Monday detailed how it will pay for a new minimum income program called Renda Cidada, with President Jair Bolsonaro and Economy Minister Paulo Guedes still vowing to respect the country’s spending limits and fiscal rules.
The proposed program will replace Bolsa Familia, the successful flagship welfare program of former Labor President Luiz Inacio Lula da Silva, which pays women on the condition that they send their children to school and has been credited with alleviating poverty in Brazil.
Renda Cidada, which translates as “Citizen Income,” will draw from funds already dedicated to the Bolsa Familia, […]
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