▲ Brazilian President Luiz Inácio Lula da Silva
Brazilian President Luiz Inácio Lula da Silva, who is trailing candidate Flavio Bolsonaro in opinion polls for the presidential runoff following the first round of voting, has introduced a massive debt-relief bill for small business owners.
Attention is focused on whether this bill, announced 12 days ahead of the Brazilian presidential runoff scheduled for October 25, will be able to win back the hearts of voters disappointed with the ruling faction’s economic performance.
According to local daily Folha de S.Paulo and Reuters on October 13, President Lula announced that he would submit a bill to Congress centered on forgiving debts owed by small business owners to…