July 01, 20 - 11:43 am - LABS

Brazilian government extends emergency aid for two more months

The Brazilian government announced the extension of the Emergency Aid. President Jair Bolsonaro yesterday confirmed two extra installments of BRL 600 ($112,04) of the government’s emergency aid to mitigate Covid-19‘s losses.

The financial aid is aimed at the unemployed and low-income, informal and self-employed workers affected by the economic effects of the pandemic. The program initially had a three-month term: April, May and June. Now, it will extend the amount for another two months: but the payment may be divided into four installments.