9 votes

Brazil hands out so much Covid cash that poverty nears a low

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  1. skybrian
    From the article: [...]

    From the article:

    Some 66 million people, 30% of the population, have been getting 600 reais ($110) a month, making it the most ambitious social program ever undertaken in Brazil, a shocking shift under President Jair Bolsonaro who railed against welfare, dismissed the virus -- and now finds himself newly popular.

    The government hasn’t published its own figures yet but data from the Getulio Vargas Foundation, one of Brazil’s top universities, show that those living on less than $1.9 a day fell to 3.3% in June from 8% last year, and those below the poverty line were at 21.7% compared with 25.6%. Both represent 16-year lows.


    Duque says it’s as if Brazil had suddenly created a massive basic-income program. He believes it won’t be possible to end it soon: “The population will surely demand more types of programs like this, and we can’t run the risk of a massive drop-off.”

    In fact, the government has begun paring it back. On Tuesday, Bolsonaro announced that handouts would be halved for the remainder of the year. And while he promised to make some form of stipend permanent he hasn’t indicated how he will pay for it.

    4 votes