The central government recorded a primary surplus of R$15.6 billion (US$3.1 billion) in April, lower than that obtained in the same month last year, of R$29 billion (US$5.76 billion), according to data from the Ministry of Finance released on Tuesday (30).
The drop in the amount was due to tax waivers made by the public administration, according to Rogério Ceron, secretary of the Treasury.
"Given the context of revenue waiver, we consider it an important result that contributes to the year's performance," he said.
While the National Treasury and the Central . . .
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