Brazil's Lula announces 15% welfare boost ahead of election
RIO DE JANEIRO — Brazilian President Luiz Inácio Lula da Silva signed a decree on Thursday increasing benefits of his flagship welfare program by 15 percent, weeks before the first round of the presidential elections. The minimum monthly benefit per family of Bolsa Familia (Family Grant) will rise to 691 reais ($134) next month, from 600 reais. The decree says that it adjusts payments for…
Brazilian President Luiz Inácio Lula da Silva has announced a 15% increase in benefits for his flagship welfare program, Bolsa Familia, just weeks before the first round of presidential elections. The minimum monthly benefit per family will rise from 600 reais to 691 reais ($134), effective next month. This adjustment is intended to counteract inflation accumulated since March 2023, thereby boosting the purchasing power of voters who will decide Lula's re-election or the emergence of Sen. Flávio Bolsonaro as the frontrunner.
With polls showing the two candidates neck-and-neck, Lula emphasizes that the welfare program is central to supporting vulnerable families and preventing food insecurity. The additional spending will be absorbed within existing budget allocations, not representing new expenditures.
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Also reported by 3 other outlets
- Brazil's Lula announces 15% welfare boost ahead of election koreatimes.co.kr
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- Brazil’s Lula announces welfare increases ahead of presidential election aljazeera.com
