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Brazil public debt drops for 6th consecutive month, reaching 82.7% of GDP in August

RIO DE JANEIRO, BRAZIL - Even if the opposition criticizes the Brazilian economy almost daily for political reasons and says it sees black clouds gathering, there are not many countries in the world at the moment that are able to reduce their debts despite the pandemic.

The public debt registered the sixth consecutive month of decline in August and reached 82.7% of GDP. The figure was released Wednesday (29) by the Central Bank (BC).

The trajectory is downward since the indicator reached a historical peak of 89.4% in February this year. In April, the debt/GDP ratio was already . . .

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