RIO DE JANEIRO, BRAZIL - (Reuters) The Brazilian government’s interest payment bill on the national debt could fall by R$417 (US$100) billion over the course of its four-year term ending in 2022, by which time the primary budget deficit could also be completely eliminated, a senior Economy Ministry official said on Thursday, January 23rd.
The fall to a record low 4.5 percent in the central bank’s benchmark interest rate since the middle of last year accounts for the interest savings, and the public finances could be even stronger if economic reforms accelerate growth further, said . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here