Brazil’s public sector records primary deficit of US$12.8 billion in June

In June, gross public debt was 84.0% of GDP, while net debt was 60.9% of GDP.

RIO DE JANEIRO, BRAZIL - Brazil's consolidated public sector posted a primary deficit of R$65.508 billion (US$12.8 billion) in June, with the 12-month deficit reaching 3.81% of gross domestic product (GDP), the Central Bank said on Friday.

A Reuters poll had indicated that a smaller negative balance of R$60.0 billion was expected for the month.

The central government recorded a primary deficit of R$75.083 billion for the month, while regional governments and state-owned enterprises posted surpluses of R$8.391 billion and R$1.183 billion, respectively . . .

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