Brazil's Lula unveils MEI support package: credit access, debt relief, hiring flexibility

Brazilian President Lula announced a package targeting Microempreendedores Individuais (MEIs), including expanded credit access and measures to address indebtedness. The government also plans to raise the revenue ceiling and allow MEIs to hire up to two employees. This signals a policy push to support informal small businesses, potentially boosting domestic economic activity, though details on funding and implementation remain unclear.