Macro Finance
Lula Plans $28 Billion Debt Buyout to Aid Consumers Before Vote
Bloomberg Markets·September 25, 2026·1 min read
Brazil's government plans to spend 15 billion reais to buy up to 150 billion reais ($28 billion) of delinquent consumer debt from banks, part of President Luiz Inácio Lula da Silva's push to ease household financial strain and bolster his bid for a fourth term.
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