Gaucho (currency) without any initial plans to establish a common currency. Later, in 1994, Brazil established the Brazilian real, still in use, putting an end to the frequent currency changes that took place in the country throughout the 1980s and the 1990s. On such panorama, the Gaucho plan has been virtually shelved. On 17 July 1987, in the city of Viedma (Río Negro, Argentina), President Raúl Alfonsín of Argentina and President José Sarney of Brazil signed Protocol Number 20 which stated the following: Considering: Viedma, 17 July 1987 Gaucho (currency) The Gaucho was the name of a currency intended to be used
Basic income in Brazil program that would reserve 6% of its tax revenue to fund an unconditional dividend for all persons who have resided in the municipality for 5 years or more. , Santo Antônio do Pinhal was the only municipality in Brazil which had implemented a basic income program. Senator Eduardo Suplicy has praised the municipality for being a pioneer in implementing such a program at a municipal level in Brazil. In November 2013, the Apiaí municipality adopted a similar law to Santo Antônio do Pinhal's, with the difference that no portion of the municipality's tax revenue was directly allocated to the fund,