Emergency aid should be released for 3 or 4 months
The extent of emergency aid is almost certain, but the amount is not yet known, according to the President of the Republic, Jair Bolsonaro (11).
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He also said that the benefit should be released for another 3 to 4 months.
However, the Federal Government has not yet set a date for a new round of payments, but Bolsonaro said during his weekly broadcast that it should be from March.
The expansion of emergency aid, previously abandoned by the government's economic team, is already causing concern and has been under pressure from parliamentarians with the emergence of Covid-19, the disease caused by the novel coronavirus.
The new mayor Arthur Lira (PP) and the president of the Senate, Rodrigo Pacheco, argue that the aid needs to be extended.
One of the main reasons is that the increase in cases of the new coronavirus is expected to delay the recovery of the economy and the job market.
According to a survey by the media consortium, 8 states are experiencing a significant increase in the average number of deaths from COVID-19 as of last Thursday.
The president made the statement about the return of emergency aid in an interview with TV Mirante, following an event held Thursday afternoon. He traveled to the state to participate in the rural land titling ceremony in Alcântara.
Opening of trade
Although the official proposal for renewing government aid is unknown, the president has advocated for open trade during the pandemic.
And as the market has already been reacting negatively to the hypothesis that new expenditures would be created outside the spending cap and without cost cuts, Bolsonaro warns of the risk of the country's debt.
"Emergency aid is expensive for Brazil; it's a huge debt (.) Now, it's not enough to grant another period of emergency aid; businesses have to get back to work. We have to end this 'shutting everything down' story; we have to care for the elderly who have more comorbidities; the rest have to work," Bolsonaro said.
