Sunday, September 13, 2020

Brazil's poverty levels approaching historic lows

Jair Bolsonaro. Photographer: Andre Borges/Bloomberg. Brazil, which has suffered one of the world’s worst pandemic tolls, has responded to the crisis by distributing so much cash directly to citizens that poverty and inequality are approaching national historic lows. Some 66 million people, 30% of the population, have been getting 600 reais ($110) a month, making it the most ambitious social program ever undertaken in Brazil, a shocking shift under President Jair Bolsonaro who railed against welfare, dismissed the virus -- and now finds himself newly popular.

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