Lula to Unveil $20 Billion Debt Relief Plan Ahead of Election

Brazilian President Luiz Inacio Lula da Silva

Photographer: Ronny Hartmann/AFP/Getty Images

Leia em português

President Luiz Inacio Lula da Silva plans to roll out a program to renegotiate more than 100 billion reais ($20 billion) in household debt, adding to a string of measures to support consumption as he seeks to bolster his popularity ahead of Brazil’s October election.