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The Straits Times. (2026, October 15). Lula pledges free weekend transit nationwide as Brazil runoff nears. The Straits Times. https://www.straitstimes.com/world/lula-pledges-free-weekend-transit-nationwide-as-brazil-runoff-nears
The Straits Times. “Lula pledges free weekend transit nationwide as Brazil runoff nears.” The Straits Times, 15 Oct. 2026, https://www.straitstimes.com/world/lula-pledges-free-weekend-transit-nationwide-as-brazil-runoff-nears.
The Straits Times. “Lula pledges free weekend transit nationwide as Brazil runoff nears.” The Straits Times, October 15, 2026. https://www.straitstimes.com/world/lula-pledges-free-weekend-transit-nationwide-as-brazil-runoff-nears.
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Brazilian President Luiz Inacio Lula da Silva pledged on Thursday to send Congress a constitutional amendment guaranteeing free weekend public transport nationwide, less than two weeks before the country's presidential runoff on October 25. The move comes as Lula trails behind right-wing Senator Flavio Bolsonaro in polls. Lula aims to boost household purchasing power among lower-income Brazilians amid record indebtedness and rising debt-servicing costs. However, economists warn that expanding pre-election giveaways without announced cuts could raise fiscal concerns and stoke investor anxiety over public finances, potentially increasing borrowing costs and pressure on Brazil's debt trajectory.
The proposal adds to a string of measures aimed at boosting household purchasing power, particularly among lower-income Brazilians, as record indebtedness and rising debt-servicing costs squeeze family finances.