The Bolsonaro government recorded in 2022 a primary surplus in Brazil's accounts of R$54.086 billion (about US$10.58 billion), the first positive result in eight years, the National Treasury reported today, Friday.
According to the Treasury, this result was driven by record revenues and oil royalties, in addition to the containment of expenses and the low-budget execution of several government programs.
The Brazilian Government accounts include the results of the National Treasury, Social Security, and the Central Bank.
In 2022, the Brazilian Government's revenues grew by 17.5 percent compared to 2021, while expenditures . . .
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