Note

August 04, 20 - 12:31 pm - LABS

Brazilian government is considering the extension of the Emergency Aid until December

The Brazilian government is considering extending the financial emergency aid until the end of the year. However, each installment would be at $37,54 (BRL 200), less than the current $112,62 (BRL 600), according to O Globo.

The emergency aid was created in April to help self-employed workers, individual microentrepreneurs (known for the acronym MEIs in the country), and the unemployed during the crisis generated by the new coronavirus pandemic. Initially, three payments of BRL 600 were made. In early July, the government extended the benefit for two more months.

However, to reduce the amount of the aid installment, it will be necessary to approve the change with Brazilian House of Representatives. The Presidency may extend it on its own only if the amount of BRL 600 per month is maintained.