Lula met with government leaders to discuss the IOF increase, disapproval of Lula’s administration has reached the highest levels of his term, and Lula held a press conference yesterday to highlight government achievements

BRAZIL POLITICS - Report 04 Jun 2025 by Murillo de Aragão and Cristiano Noronha

President Lula met yesterday with Finance Minister Fernando Haddad and the Presidents of the Lower House, Hugo Motta (Republicanos-PB), and the Senate, Davi Alcolumbre (União-AP), to discuss alternative measures to the IOF tax increase. PoderData released a new poll yesterday on the public’s evaluation of the government. According to the findings, disapproval of the administration has reached its highest level since the president took office. 56% said they disapprove of the current administration. Yesterday, Lula held a press conference highlighting several government initiatives, such as the “Gas for All” program, a provisional measure for the electric sector, the “Pé de Meia” savings program, and a new line of credit for home renovations. The effort was clearly aimed at spreading positive news to help recover popularity.

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