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28/07/2017 - 13:01hs
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Public finances worsen

The consolidated public sector, which includes the Federal government, states and counties, registered a BRL 19.5 billion (USD 6.27 billion) deficit in June. It was the worst result of the historical series.



Brasília – The consolidated public sector, which includes the Federal government, states and counties, registered a deficit in June, according to data of the Brazilian Central Bank (BC) made available this Friday (28) in Brasília. The primary deficit, revenues less expenses, without considering interest rates spending, was of BRL 19.552 billion (USD 6.28 billion). It was the worst result for the month in the historical series that started in December 2001.

The first six months results also were the highest for the period, with the primary deficit reaching BRL 35.183 billion (USD 11.30 billion). Year-over-year ending in June, the primary deficit reached BRL 167.198 billion (USD 53.72 billion), which accounts for 2.62% of the Gross Domestic Product (GDP), the sum of all goods and services produced in the country.

*Translated by Sérgio Kakitani

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