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Brazil's Lula signs Move Brasil credit line for app drivers, taxi drivers
Valor Econômico·BR·3 days ago
Brazilian household debt service ratio rose to 28.9% of income by June 2026, up from 26% in mid-2022 and 22.9% in 2018, indicating persistent financial strain despite easing trend. The data, from the central bank, shows the burden remains elevated under the Lula administration, with implications for consumption and credit risk.