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Brazil’s consolidated public sector has primary surplus of US$3 billion in August

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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