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Brazil Posts R$18.9 Billion Primary Surplus in January

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The federal government of Brazil announced on Thursday it posted the third largest primary surplus in history for month of January, last month. According to officials the central government registered a surplus of R$18.968 billion, up by 21.4 percent from the January 2016 surplus of R$14.835 billion.

"The number released today comes in addition to a series of positive indicators, such as the reduction of the interest rate announced by the Central Bank yesterday, a significant increase in foreign investment flows and the first signs . . .

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