In August, Brazil’s federal debt increased by 2.01%, reaching R$ 6.27 trillion ($1.26 trillion). This spike translates to an additional R$ 123.16 billion ($24.7 billion). The Treasury Department disclosed these figures on September 27, 2023. Earlier, in July, the debt stood at R$ 6.14 trillion ($1.23 trillion). This borrowing offsets the budget deficit, bridging the […]
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