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Brazil Elections: Lula Sees No Poll Gain From Bolsa Família Welfare Hike
Source: Bloomberg
Elections & Domestic PoliticsFiscal Policy & Budget
Brazil’s government announced a 15% increase in payments under the flagship Bolsa Família welfare program, but the measure has not yet lifted President Luiz Inácio Lula da Silva’s electoral support among beneficiaries. The lack of an immediate polling response introduces uncertainty over the political payoff from expanded social spending.
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