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Brazilian government increases forecast of primary budget surplus to US$4.37 billion this year

The Brazilian government on Tuesday projected a primary budget surplus for this year in public accounts (National Treasury, Social Security and Central Bank) at R$23.361 billion (US$4.37 billion), thanks to an increase in oil royalties and the payment of federal state dividends.

The forecasts disclosed by the Ministry of Economy contrast with the estimates that appear in the General Budget of 2022, in which the Brazilian Government expected a primary deficit of R$76.3 billion (US$14.182 billion).

In September, the forecast disclosed was for a primary surplus of R$13.548 billion (US . . .

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