LatinNews Daily - 16 June 2021

* Brazil’s President Jair Bolsonaro has said that the emergency basic income, a government handout put in place to help the most vulnerable in the context of the coronavirus (Covid-19) pandemic, will be extended for a further two or three months, at an average value of R$250 (US$50) per household per month. Economy Minister Paulo Guedes had previously said that the handout, which was due to end in July, would be extended for at least two months until September, and perhaps further, depending on the progress of the vaccine rollout. Bolsonaro, who was speaking on a local TV station, also spoke of increasing the value of the Bolsa Família conditional cash transfer (CCT) scheme. Citing recent inflation, Bolsonaro said “the idea is to increase [the Bolsa Família benefit] by 50% in December, from an average R$190 to R$300”.

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