Brazil’s central government runs primary deficit of R$26.5 billion in February

The accumulated primary result of the central government in the 12-month period ended in February was a deficit of R$776.8 (US$135) billion, equivalent to 9.9% of GDP.

RIO DE JANEIRO, BRAZIL - The figure came better than analysts' projection of a deficit of R$26.5 (US$3.7 billion), according to a Reuters poll.

In the year to date, the central government has accumulated a surplus of R$22.356 billion, since, in January, it registered a primary surplus of R$43.2 billion.

The accumulated primary result of the central government in the 12-month period ended in February was a deficit of R$776.8 (US$135) billion, equivalent to 9.9% of GDP.

In February 2020, when the country's economy had not yet . . .

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