Macro Finance
Lula Boosts Social Welfare Payments Ahead of Tight Election
Bloomberg Markets·September 17, 2026·1 min read
Brazil's government announced an increase to social welfare payments just weeks before a tense election, with polls showing President Luiz Inácio Lula da Silva tied with his right-wing challenger. The move is seen as an attempt to boost support among low-income voters ahead of the closely contested vote.
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