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Bolsonaro government raises Brazil’s primary surplus forecast in 2022 to US$6.5 billion

The outgoing Bolsonaro government raised the primary surplus projection in 2022 from R$23.36 billion to R$34.14 (US$6.5) billion.

The numbers are in the different versions of the Report of Revenue and Expenditure Evaluation, a document that guides the execution of the Budget released by the Ministry of Economy.

Sent to the National Congress every two months, the report had an extemporaneous (unexpected) edition in December to accommodate the difficulties in the Budget at the end of the year.

The primary surplus represents the difference between revenues and expenses, disregarding the interest payment on public . . .

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