LatinNews Daily - 10 June 2020

* Brazil’s economy minister, Paulo Guedes, has confirmed that the government will extend the distribution of the R$600 (US$122.50) emergency basic income for a further two months. The emergency handout, set up in late March to help Brazil’s 38m informal workers weather the fallout from the economic crisis caused by the coronavirus (Covid-19) pandemic, will be extended beyond the three initial monthly installments through to July and August, although Guedes did not specify whether its value will be maintained. An economy ministry official had previously indicated it would be cut by half, to R$300. The president of the federal chamber of deputies, Rodrigo Maia, has separately defended cutting high-level public sector salaries in the legislative, judicial, and executive branches of government as part of efforts to free up resources to fund the extension of the emergency basic income. 

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