01-May-2026
Economy News
 
Brazil's Government to Announce New Measures on Household Indebtedness Next Week
01-May-2026

Brazil's government will announce on Monday new measures to tackle household indebtedness, President Luiz Inacio Lula da Silva said on Thursday, signaling that the program will build on a previous one established in 2023. Speaking in a pre-recorded address to the nation, Lula said that, under the "Novo Desenrola Brasil" program, Brazilians will be able to renegotiate debt with lower interest rates, smaller monthly payments and more time to pay.

News Source:- https://money.usnews.com/investing/news/articles/2026-04-30/brazils-government-to-announce-new-measures-on-household-indebtedness-next-week