40 Million Brazilians or 21% of Population Getting Government Help

Brazzil Magazine covers

Woman from PiauÀ­, Brazil, shows her Bolsa FamÀ­lia card Patrus Ananias, Brazil's Minister of Social Development and Hunger Alleviation, said yesterday Thursday, September 27, that the Ministry's forecasted budget for 2008 is higher than 28 billion Brazilian reais (US$ 15.2 billion), a projected increase of 14% over the budget for the current year, which was 24.5 billion reais (US$ 13.3 billion).

The Ministry's calculations indicate that the income transfer programs – Bolsa Famí­lia (Family Voucher), Cartão Alimentação (Food Card) and Auxí­lio Gás (Cooking Gas Ticket) – are reaching 40 million people in the country, or 21% of the population, which means that one out of five Brazilians benefit from one of the programs.

According to data supplied by the Ministry, annual expenditures on income transfer this year should total 9.9 billion reais (US$ 5.3 billion). "The funds destined for social development have increased four-fold during the administration of president Lula. The issue of the impoverished population is no longer a marginal subject, it is no longer approached with paternalism, but rather as a key, priority issue".

Patrus Ananias participated, in the southeastern Brazilian city of Rio de Janeiro, in the Special Forum of the of the National Institute of Higher Studies (Inae), presided by the former minister of Planning João Paulo dos Reis Veloso, at the head office of the Brazilian Development Bank (BNDES). Patrus Ananias said that the income transfer policies have a positive impact on the entire economy, as the benefited persons acquire a greater purchasing power.

Tags:

You May Also Like

Brazzil Magazine covers

Wanna Buy an iPod? By All Means Keep Away from Brazil

Willing to buy an iPod? Try Hong Kong and if in Europe, Switzerland, and ...

Brazzil Magazine covers

Brazil Hopeful that Its First Chip Plant Will Draw New Foreign Industries

In a few months Brazil should have its first chip (integrated circuit) factory ever. ...

Brazzil Magazine covers

A Model US$ 11-Billion Brazilian Program to End Desertification

Faced with a very negative scenery involving desertification around the world, Brazil was responsible ...

Brazzil Magazine covers

Brazil Says Amazon Deforestation Reached 20 Year Low

The president of Brazil, Luiz Inácio Lula da Silva, announced that deforestation rates in ...

Brazzil Magazine covers

Brazil’s Money and Stock Market Have Become the Planet’s Strongest

Martin Weiss, author of the investment newsletter Money and Markets. has just examined the ...

Brazzil Magazine covers

Blacks in Brazil Start Working Earlier and Retire Later than Whites

Brazilian blacks tend to enter the job market at an earlier age and spend ...