Brazil’s gross debt drops to 78.5% of GDP in March

It dropped 0.8 percentage points in the month; in the accumulated total for 2022, it fell 1.8 percentage points and represents R$7 trillion (US$1.4 trillion).

RIO DE JANEIRO, BRAZIL - Brazil's gross debt fell 0.8 percentage points (p.p.) in March and reached 78.5% of the GDP (Gross Domestic Product). The Brazilian Central Bank (BC) released the result on Monday, May 16.

The Central Bank calculates the gross debt based on the federal government . . .

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