Brazil to Extend Emergency Aid to Poorest as Unemployment Rises
This article is for subscribers only.
Brazil’s government will announce today the extension of an aid to informal workers for a few more months, seen as crucial to poorest people amid pandemic impacts on the economy. Country’s unemployment rose in May to 12.9% from 12.6% in April, according to the national statistic agency.
Primary deficit hit 131.4 billion reais in May from a deficit of 94.3 billion reais in previous month, the central bank said.