These Latin American Countries Have A COVID-19 Subsidy

The COVID-19 pandemic was tragic for all the economies of the world, but especially for certain regions such as Latin America. However, beyond the negative macroeconomic indicators left by this crisis, the most worrying numbers are those produced by the increase in poverty indicators in the region. This is why many countries decided to implement subsidies that would alleviate to some extent the economic disasters of Latin American families.

Now, let's look at some countries that have COVID-19 subsidies.

Uruguay 

Uruguayan President Luis Lacalle Pou signed a decree in which the extension of aid due to the health crisis due to covid-19 is carried out.

• Until December 31, 2021, workers who are not performing work activities will have health coverage. This support applies to those who are in the registry as of February 2020 with a quota of up to 28,000 workers.
• There is sickness allowance for workers 65 years of age and older until August 31, 2021.
• Incorporation of multi-employment in access to unemployment insurance, which will be valid until September 30, 2021.

Peru

The government of President Pedro Castillo, will deliver from September the Yanapay bonds (Solidarity in Quechua), for a value of 85 dollars. There will be a single voucher which will benefit people who receive a family income of fewer than 732 dollars a month, people in situations of poverty and extreme poverty, young people who work as interns or scholarship recipients.

Solidarity bonds in Colombia

The Colombian government of Iván Duque maintains active aid for those most affected by the pandemic.

• The Solidarity Income, the flagship economic aid in Colombia, whose beneficiaries are the households that are in group C in the survey carried out by Sisbén, receive 160,000 Colombian pesos per month. The president extended his delivery until this August.
• The Colombia Mayor program is an economic subsidy that is given to older adults who do not have a pension, live in extreme poverty or indigence. Its delivery is made monthly for a value of 160,000 pesos.
• The VAT refund is 76,000 pesos every two months to those who, according to Sisbén, live in extreme poverty and do not have any economic support given by the state.

Subsidies in Brazil

After the subsidies were withdrawn in Brazil in December last year, President Jair Bolsonaro reactivated them for the poorest in the country. The subsidy will have a value of 27 and 67 dollars per month, this according to the social condition of the beneficiary.

Direct money transfer in Chile

President Sebastián Piñera extended the aid until November of this year and will establish a labor subsidy to create jobs that help mitigate the economic effects left by the pandemic. The emergency family income for men over 24 years of age will be 50% of their gross monthly salary, with a limit of 200,000 Chilean pesos per month. For women between 18 and 24 years old, men over 55 years old, people with disabilities, and disability pension recipients, it will be 60% of their gross monthly remuneration with a limit of 250,000 Chilean pesos per month.

Also read: Dollarization: the immediate solution to Venezuela's monetary problem?

Internet payment in Puerto Rico

The Federal Communications Commission provides Puerto Rican households with a subsidy that can be between $ 10.00 to $ 50.00 per month to pay internet bills. Likewise, they can request a discount of $ 100.00 for the purchase of some computer or tablet models. In these cases, the consumer will have to contribute between $ 10.00 and $ 50.00 of the price of the equipment.