RIO DE JANEIRO, BRAZIL - Brazil recorded in the first nine months of the year an accumulated nominal deficit of R$277.793 billion (about US$49.429 billion), equivalent to 4.37% of the gross domestic product (GDP), the Central Bank informed this Friday.
The result of the public accounts in the first three quarters of the year represents a drop of 68.7% compared to the negative balance recorded between January and September 2020, when it was R$888.522 billion (US$158.1 billion) and was equivalent to 16.32% of the GDP.
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