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In December it ends! Payments from emergency aid of R $ 600 and R $ 300 it will be done until the last month of the year. However, the Federal Government intends to create a new microcredit with the aim of financially helping informal workers assisted by the program during the pandemic.
The credit is expected to be 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.
The decree that establishes the state of public calamity in Brazil due to the new coronavirus pandemic will remain in force until December 31, the date on which emergency aid ends. At first, the Government will not carry out a new extension of the program, considering that it no longer has sufficient funds to pay the benefit.
No aid in 2021
The new line of credit aims to give more autonomy so that informal workers can resume their work activity. Above all, the so-called “invisible” group, which until then did not have the assistance of the Government. Now the group will continue to have financial support after the emergency aid ends.
According to the government, at least 38 million Brazilians should be without the benefit as of January. To create the new line of credit, the Federal Government cited examples of beneficiaries who used the emergency benefit to buy equipment for work use.
The Government is currently evaluating, to grant a greater amount of microcredit, from R $ 10 billion to R $ 25 billion, increasing the share of the resources that banks are obliged to transfer to the Central Bank, known as “mandatory deposits” . ”. In addition, other measures are being studied.
The Government also continues to study which would be the main substitute for emergency aid: Citizen Income. The new benefit would even serve to replace Bolsa Família and include more people in the program.
