Power

Bolsonaro makes bid for support with new welfare program

Brazil's Economy Ministry announced a new broad cash transfer program, but specialists are skeptical of its motives and benefits

Bolsonaro makes bid for support with new welfare program
Photo: Nelson Antoine/Shutterstock

The economic team of President Jair Bolsonaro took office preaching the reduction of the state’s role in financial matters and cutting back spending in myriad areas. It came as some surprise, therefore, when ultra-liberal Economy Minister Paulo Guedes announced last week the creation of a broad cash transfer program entitled Renda Brasil (Income Brazil), billed as an extended version of the globally lauded Bolsa Família program. However, specialists see severe contradictions in the social welfare plan, speculating that the announcement may be an empty political ploy.

The announcement of the Renda Brasil program came as Mr. Guedes declared...

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