on Wednesday affirmed that more than 7.5 million families have already received the first COVID-19 grant of S/760 (around US$223) and that the second one will be paid starting the first week of October.
According to the Head of State, all the administrative procedures for the payment of the second financial award will be completed this month.
"This is a commitment that I make to those 8.4 million families. The second grant will be paid as of the first week of October," he stated.
The President noted that this entails an investment of more than S/6 billion (about US$1.68 billion) that will get to the neediest households in the country "as an aid while we continue working to revive the economy
The most vulnerable families
"The crisis hit the economy, as well as the poorest and most vulnerable families, for whom we approved a series of grants equivalent to the family basket of S/760 (around US$223)," he explained.
The top official acknowledged that the first subsidy was not enough for households due to the extension of the quarantine in order to tackle the coronavirus pandemic.
"If it had lasted one, two or three months, it would have been fine. But a six-month quarantine requires a second grant," he expressed.
Remarks were made during a meeting with representatives of the Association of Municipalities of Peru (AMPE), the Network of Urban and Rural Municipalities of Peru (Remurpe) and the National Assembly of Regional Governments (ANGR).
The event took place at Lima Convention Center.