Bolsonaro Scraps Plans for Social Program Amid Budget Woes
- He says Lula’s Bolsa Familia program will continue until 2022
- Government has failed to find budget money for new program
Jair Bolsonaro
Photographer: Andres Borges/BloombergThis article is for subscribers only.
President Jair Bolsonaro abandoned plans to launch his signature social program, the so-called Brazil Income, given the challenges in financing it without breaching the country’s fiscal responsibility rules.
Visibly irritated by media reports saying his government was considering reducing other social spending to fund the new program, Bolsonaro said the new plan is now on hold and that Brazil’s existing minimum income policies would remain in place.