CASH: The bank will deliver up to R $ 5,000 to the beneficiaries once the aid is finished



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Payments from emergency aid of R $ 600 and R $ 300 followed until December. However, the government seeks to launch a new microcredit with the objective of financially helping informal workers assisted by the program during the pandemic.

The expectation is that the loan amount is between R $ 1,500 and R $ 5,000. Recently, the subject was the subject of conversation between the Minister of Citizenship, Onyx Lorenzoni, and the president of the Central Bank, Roberto Campos Neto.

The payment manager of the emergency helpCaixa Econômica Federal should be responsible for the release of the microcredit. Today, the bank contributes R $ 10 billion to finance the credit line. However, the value may rise and reach the level of R $ 25 billion, if some measures are taken under analysis of the economic team.

In principle, the Government will not carry out a new extension of the emergency aid due to insufficient funds to pay for the benefit.

Emergency aid in 2021

President Jair Bolsonaro (without a party) spoke again about the extension and the end of emergency aid. As he has done in recent weeks, the president said that the benefit will not be extended until 2021. On a beach in the city of Praia Grande, in São Paulo, he said that the benefit “has reached its limit.”

“They want us to renew (the emergency help), but our debt capacity has reached its limit ”, said the president among the supporters. He cited the gap in the government’s public accounts in that same speech.

“I know that many people charge, they want something better and some forget it until we are finishing an atypical year. We were in debt with R $ 700 billion to contain the pandemic ”, added Bolsonaro. People at the party posted the video on social media.

This gap of R $ 700 billion leaves, in fact, little margin for the Government to maintain Emergency Aid. So what exists is pressure for the government to propose extending the period of public calamity.

It turns out that it is precisely this period of calamity that allows some government spending to be maintained. But the behind-the-scenes information shows that the government wants this request to come from elsewhere, like Parliament, for example.

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