Brazil's beefed up 'Bolsa Familia' welfare program to be less than 300 reais a month - sources

FILE PHOTO: A woman receives a box with food donations organized by NGO Kapadocia Institute for poor families from Capadocia Slum at Brasilandia district amid the coronavirus disease (COVID-19) outbreak, in Sao Paulo, Brazil, May 1, 2020.REUTERS/Amanda Perobelli

RIO DE JANEIRO (Reuters) - Brazil's new "Bolsa Familia" welfare payments to the poor will average below 300 reais ($59.50) a month, sources familiar with the discussions said on Monday, less than the figure President Jair Bolsonaro had indicated last week.

The revamped nationwide program is expected to come into effect in December this year or early next year, and average payments are certain to be increased from the current 190 reais a month.