BRASILIA, Sept 17 (Reuters) - Brazil's Planning Minister Bruno Moretti announced on Thursday a 15% increase in cash transfers under the country's flagship welfare program Bolsa Familia, as President Luiz Inacio Lula da Silva seeks re-election in an October vote.
Bolsa Familia is a hallmark policy of Lula's Workers Party and has long been a centerpiece of its social welfare agenda.
Speaking alongside Lula at the presidential palace, Moretti said the measure would have a fiscal cost of 5.8 billion reais ($1.13 billion) in 2026 and 22 billion reais in 2027.
($1 = 5.1393 reais)
(Reporting by Marcela Ayres; Editing by Gabriel Araujo)