BRAZIL: Central Government Posts Deficit Of R$ 16.422 Billion In June

By | July 27, 2018

Brazil’s Central Federal government – that includes the National Treasury, Social Security, and the Reserve bank – taped a main deficit of R$ 16.422 billion in June, according to the National Treasury. The figure is 17.2% lower than the negative result of R$ 19.844 billion taped in June 2017.

The National Treasury responded by a negative balance of R$ 1.887 billion, Social Security had a deficit of R$ 14.513 billion and the Reserve bank included a deficit of R$ 22 million.

Year-to-date, the Central Federal government primary deficit amounts to R$ 32.867 billion.

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