RIO DE JANEIRO, BRAZIL - Brazil's public sector registered a primary deficit of R$18.1 billion (US$3.49 billion) in November, the worst result for the month since 2016, the Central Bank of Brazil announced on Wednesday, December 30th.
In the 12 months ending in November, the primary deficit amounted to R$664.6 billion, equivalent to 8.93 percent of the gross domestic product (GDP).
Brazil's primary deficit figures track the fiscal performance of federal, state and local governments, and state-owned companies excluding banks, oil company Petrobras and electric utility Eletrobras, without counting interest paid . . .