Brazil’s Primary Deficit Shrinks as Gross Debt Climbs to 78.5% of GDP

Brazil’s public sector recorded a primary deficit of R$21.4 billion ($3.93 billion) in August 2024, according to latest Central Bank data. This figure marks an improvement from the R$22.8 billion ($4.18 billion) deficit seen in August 2023. Over the past twelve months, the consolidated public sector has accumulated a deficit of R$256.3 billion ($47.03 billion). […]

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