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President Vizcarra: One million Peruvian families already rely on economic bonus

ANDINA/Prensa Presidencia

12:30 | Lima, Mar. 28.

Peruvian President Martin Vizcarra on Saturday afternoon reported that one million vulnerable Peruvian families have each received the S/380 (about US$107) bonus to face the national health emergency aimed to prevent the coronavirus (COVID-19) from spreading in Peru.

"One million households already rely on the S/380 (each) to alleviate the drastic measures that we have decreed to overcome the disease; in the course of the following week, we will reach out to the rest of them," he expressed.

The Head of State pointed out this is a very complex job, because he had never been in a position to transfer said financial support to at least 3.5 million families, which are the ultimate goal.

Out of the 1 million, who have already received the subsidy, half of them received the amount in their accounts, so that the money can be withdrawn from ATMs and not necessarily from bank branches.

The subsidies are aimed at households of poverty and extreme poverty as support at times of coronavirus emergency.

Said amount is transferred both through private banking and the State-run Banco de la Nacion.

That initial bonus is worth S/380 as it was intended for a period of 15 days. Because of the emergency extension, it will total S/760 (about US$214).

Remarks were made in a televised press conference, within the framework of a mandatory social isolation imposed to prevent the COVID-19 from further spreading in the South American country.

Initially set to last from March 16 to 30, the measure has been extended thru April 12.

On this occasion, the President was joined by members of the Council of Ministers. The event was held at the Government Palace in Lima.

Saturday marks the thirteenth day of mandatory social isolation.

Presidente @MartinVizcarraC: El @Midis_Peru informó que 1 millón de hogares ya cuentan con el bono de S/ 380, que es un alivio económico para aquellas familias en pobreza y pobreza extrema. Es un trabajo muy complejo, porque nunca antes hemos estado en esta situación.
— Presidencia Perú (@presidenciaperu) March 28, 2020

#PerúEstáEnNuestrasManos El presidente @MartinVizcarraC informa sobre la situación del Estado de Emergencia y las acciones que realiza el Gobierno para contener la propagación del #COVID19.
En vivo: https://t.co/tPIF5LlQB8 https://t.co/mjd14pVS2B
— Presidencia Perú (@presidenciaperu) March 28, 2020