RIO DE JANEIRO, BRAZIL - The consolidated public sector closed in August with a primary surplus of R$16.729 (US$3) billion, as announced by the Central Bank (BC) on Wednesday (29). In August last year, the result had been a deficit of R$ 87.594 billion.
The consolidated public sector data involve the central government (Social Security and the Treasury, besides the Central Bank), states, municipalities, and state-owned companies. Excluding Petrobras, Eletrobras, and public banks, such as Banco do Brasil and Caixa Econômica Federal.
Last month's result reflected a central government deficit of R$11.092 . . .
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