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Brazil’s public debt ends 2022 at lowest level in five years

According to the Ministry of Economy, the general government's gross debt will end in 2022 at its lowest level in five years.

In the evaluation report of primary revenues and expenses published last Thursday (Dec. 22), the team of Minister Paulo Guedes projected a debt equivalent to 73.7% of the Gross Domestic Product (GDP) at the end of this year, the same level as in Dec. 2017.

In the same document, the ministry raised from R$ 23.4 (US$4.5) billion to R$ 34.1 billion, the estimated primary surplus of the federal government this year.

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