Brazil posted a fiscal deficit before interest payments in February, the Central Bank said on Tuesday (27.3.2018), a drop from the previous month's surplus that led to a slight increase in public debt.
The public sector, made up of the central government, regional administrations and state-owned firms, recorded a primary deficit of 17.414 billion reais (US$5.200 billion).
On Tuesday, the Treasury published data reflecting a deficit of 19.293 billion reals (5.800 billion dollars) before payment of interest rates.
The February result is explained by the increase in expenses, and it is also the month in which the State pays salary bonuses, transfers taxes to states and municipalities and distributes oil royalties.
Source: Reuters
Aduana News foi o primeiro jornal aduaneiro da Argentina a lançar sua versão digital. Com mais de 20 anos de trajetória, suas publicações e iniciativas têm como objetivo oferecer o conhecimento mais relevante sobre temas aduaneiros, contribuindo para a promoção do comércio seguro e da facilitação do comércio na região.
