IBOV 183,965.91 ▼ 0.99% IPSA 11,300.53 ▼ 1.30% IPC MEX 64,000.41 ▼ 0.43% MERVAL 2,939,964 ▼ 1.00% COLCAP 2,609.40 ▼ 0.12% BVL PERÚ 59,677.00 ▲ 0.43% USD/BRL5.19▲ 0.41% USD/MXN17.73▲ 1.12% USD/CLP961.42▼ 0.10% USD/COP3,351▲ 4.44% USD/PEN3.41▲ 1.05% USD/ARS1,520▲ 0.23% USD/UYU40.05▲ 2.84% USD/PYG5,894▲ 2.17% USD/BOB12.18▲ 14.34% USD/DOP59.23▲ 0.39% USD/CRC450.75▲ 4.23% USD/GTQ7.64▲ 3.19% USD/HNL26.85▲ 3.15% USD/NIO36.62▲ 2.62% USD/VES852.33▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.77▲ 2.69% EUR/BRL5.91▲ 1.22% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 183,965.91 ▼ 0.99% IPSA 11,300.53 ▼ 1.30% IPC MEX 64,000.41 ▼ 0.43% MERVAL 2,939,964 ▼ 1.00% COLCAP 2,609.40 ▼ 0.12% BVL PERÚ 59,677.00 ▲ 0.43% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Thursday, September 24, 2026

Lula Announces Bold Measures for Flood Relief in Rio Grande do Sul

By · May 16, 2024 · 2 min read

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In response to Rio Grande do Sul’s floods, President Lula announced significant aid measures for the region.

On his third visit to the area, Lula introduced a new ministry for reconstruction and unveiled a comprehensive aid package.

The floods have caused severe damage, leaving 149 dead and displacing hundreds of thousands.

Central to Lula’s plan is the “Reconstruction Voucher,” modeled after COVID-19 emergency assistance.

Valued at 5,100 reais (approximately $1,000), this voucher will help 200,000 severely affected families.

Residents in cities that declared a state of calamity and those whose homes were flooded will receive priority.

The government will deposit the aid into beneficiaries’ accounts, without specifying a timeline for distribution.

Lula Announces Bold Measures for Flood Relief in Rio Grande do Sul - Lula and Leite.
Lula Announces Bold Measures for Flood Relief in Rio Grande do Sul – Lula and Leite.
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The government formed the Extraordinary Secretariat for Rio Grande do Sul’s Reconstruction to manage resources.

Led by Paulo Pimenta, Lula’s ally and former Minister of Social Communication, this ministry will direct reconstruction efforts.

Lula Announces Bold Measures for Flood Relief in Rio Grande do Sul

The plan includes repairing roads, bridges, and the Porto Alegre Airport, which is closed until at least September.

Immediate efforts will focus on providing housing for nearly 540,000 displaced residents.

The government plans to buy homes in affected cities, distribute repossessed properties, and use 14,000 private sector units, with 600 ready.

The government will also consider additional public housing projects under the “My House, My Life” program.

Lula’s administration has allocated over 60.7 billion reais ($12 billion) for Rio Grande do Sul and postponed the state’s debt repayments for three years.

International support, including contributions from BRICS, World Bank, Inter-American Development Bank, and Development Bank of Latin America, totals over $3 billion.

Argentina, Uruguay, Israel, the UK, and Japan have sent aid in the form of water purifiers and medical supplies.

The Biden administration has expressed intentions to assist, though specific announcements are pending.

Lula emphasized speeding up relief efforts to avoid delays that could erode public trust in institutions and democracy.

He condemned misinformation spread by political opponents and called for unity and cooperation across political divides.

The collaboration with Rio Grande do Sul’s conservative governor, Eduardo Leite, exemplifies this bipartisan approach.

 

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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