Amid surging coronavirus, Bolsonaro says Brazil is 'broke'

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The president attributes the country's economic collapse to lockdown measures. FMTNews

Bolsonaro saw his popularity rise despite his country’s soaring coronavirus death toll.

The subsidies which have kept millions of Brazilians from destitution ended as the pandemic, which has killed almost 200,000 people in the country, only worsens. “I wanted to modify the tax reduction table, but there was that press-fuelled virus that we have there, that press without any character,” Bolsonaro said.Bolsonaro attributes the country’s economic collapse to lockdown measures pushed by state governors to combat the coronavirus pandemic.

But those payments ended this month under pressure from markets worried about the country’s high deficit and debt.

 

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