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Brazil’s public sector may have in 2021 its first primary surplus since 2013 -Treasury

RIO DE JANEIRO, BRAZIL - The consolidated public sector, which includes the federal government, states, municipalities, and public enterprises, may close 2021 with a primary surplus in public accounts, predicts the National Treasury.

This would be the first positive result since 2013. Since then, the public accounts have accumulated eight consecutive years of primary deficit. The immediate consequence is revenue minus expenses without considering interest expenses.

The information was given on Wednesday (29) by the Secretary of the National Treasury, Paulo Valle. "Today, we have a strong indication that there will be a primary surplus in 2021 considering the entire general . . .

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