Brazil’s Guedes says government measures have saved 10 million jobs

Published June 9, 2020, 12:00 AM

by manilabulletin_admin

By Reuters

BRASILIA – Brazil’s government has spent 700 billion reais ($143 billion), more than any emerging country, in emergency crisis-fighting measures, Economy Minister Paulo Guedes said on Tuesday, adding that 10 million formal jobs have been saved.

FILE PHOTO: Brazil's Economy Minister Paulo Guedes speaks during a press conference to announce economic measures due the coronavirus outbreak in Brasilia, Brazil March 16, 2020. REUTERS/Adriano Machado
Brazil’s Economy Minister Paulo Guedes speaks during a press conference to announce economic measures due the coronavirus outbreak in Brasilia, Brazil March 16, 2020. (REUTERS/Adriano Machado/FILE PHOTO/MANILA BULLETIN)

Speaking at government cabinet meeting broadcast on TV, Guedes also said emergency aid for informal workers will be extended for two months, a period which will be used to prepare the country for a return to work with extra safety measures.

 
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