Politics · Brazil · 2 hrs ago

Lula proposes popular-finance office if re-elected

Lula proposes popular-finance office if re-elected

Brazilian President and re-election candidate Luiz Inácio Lula da Silva proposed a new office for popular finances during a live online broadcast.

He said the office would help people manage their money and that the state should take responsibility for providing guidance.

Lula suggested digital influencer Nath Finanças could take part in the possible office.

The proposal depends on Lula winning re-election, and no further details about how the office would work were given.

Lula also said betting companies will not be allowed to return, referring to bets that were banned at the end of September.

He argued that betting should not exploit people who are already poor.

The proposal’s next step depends on the election outcome.

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What people are saying

Luiz Inácio Lula da SilvaPresident and re-election candidate
Perhaps I want to create a civil society office to discuss popular finance.
via InfoMoney
These people need guidance and the state has to take responsibility.
via InfoMoney
Betting will not return. Whoever wants to make money should go to work.
via InfoMoney