Brazil’s Public Accounts Register Record Deficit of R$155.8 Billion
Although in line with the deficit target, the deterioration of economic activity significantly reduced revenues for federal, state and local...
February 1, 2017Topic
primary deficit
Brazil Registers Worst 6-Month Primary Deficit in History
Earmarked expenditures continue to be a main problems with social security registering a deficit of R$61.2 billion for the first...
July 29, 2016
Brazil Predicts 2017 Primary Deficit of R$143.1 Billion
Although being almost R$27 billion less than this year’s expected results, the primary deficit for next year is high, forecast...
July 8, 2016
Brazil’s Real Closes at R$3.23 to Dollar in 11-Month High
Brazilian stock market also rose, by 1.99 percent, while May's primary deficit was the worst in fifteen years.
June 30, 2016
Brazil Expected to Register Negative Fiscal Results in 2017
According to government officials the earlier forecast of a zero primary surplus will be very difficult to achieve.
June 17, 2016
Congress in Brazil Expected to Approve New Primary Deficit
The new primary budget deficit is estimated at R$ 170.5 billion, 76.4 percent higher than the R$ 96.7 billion estimated...
May 24, 2016
Brazilian Government Forecasting R$96.7B Deficit for 2016
Due to the deterioration of the economy and the steep decline in revenues officials now believe in a deficit in...
March 25, 2016
Brazil Unlikely to Meet Primary Surplus Target in 2016
Instead of a primary surplus, financial institutions forecast a primary deficit of 3.21 percent of the GDP.
February 11, 2016
Brazil Registers Highest Primary Deficit Since 2001
The deficit in last year’s primary surplus of R$111.249 billion was affected by declining revenues from taxes and 'pedaladas'.
February 1, 2016