Back

LatinNews Daily - 20 April 2020

In brief: Coronavirus aid reaches 1.6m in Paraguay

* Paraguay’s Finance Minister Benigno López has said that the government’s social aid programmes, implemented and expanded to mitigate the economic impact of the measures taken to contain the coronavirus (Covid-19) pandemic, have reached 1.6m people in the country. López reported that the government has invested over G$539bn (US$83m) into four different social programmes so far. These include the Pytyvô basic monthly income of G$548,210 (US$84.66), already distributed to 497,000 of a planned 604,000 beneficiaries; the Ñangareko food subsidy, with 178,000 families having received a G$500,000 benefit, and a further 13,000 receiving distributions of food; and the Tekoporâ cash-transfer programme reaching 165,000 families in situation of extreme poverty. The government has the green light from congress to contract US$1.6bn in debt to fund its coronavirus response, of which US$277m (out of a total US$500m received so far) has been directed towards different social programmes, according to López.   

End of preview - This article contains approximately 165 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.