Brazil’s Bolsonaro Celebrates January’s Primary Surplus

Despite the positive results for the first month of the year, Treasury Secretary says primary deficit is still a concern.

By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Celebrating a positive primary surplus recorded in January, Brazilian President Jair Bolsonaro said Monday that the country is resuming its growth trajectory. While the central government's surplus (federal government, Central Bank and Social Security) totaled R$35.6 billion reais, regional governments registered a result of R$10.783 billion reais and state-owned companies totaled revenues of R$507 million reais in January.

"We are changing Brazil! Returning the growth of our economy is one of the first steps towards prosperity. If all goes as planned, advancing in . . .

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