Public accounts show USD 2.77 bn surplus
31 de maio de 2016
After two consecutive months with a deficit, the consolidated public sector registered a surplus in April.
Brasília – After two consecutive months of deficit, the consolidated public sector, formed by the Union, states and counties, registered a surplus in public accounts in April, according to data from the Brazilian Central Bank (BC), released this Tuesday (31). The primary surplus, spending minus income, and not taking into account interest expenses, was BRL 10.182 billion (USD 2.82 billion). This is the lowest primary surplus for a month of April since 2004, when it registered BRL 9.567 billion (USD 2.65 billion).
Despite April’s surplus, the primary deficit year-to-date ending in April stood at BRL 139.285 billion (USD 38.58 billion), which is worth 2.33% of the Gross Domestic Product (GDP), the sum of all goods and services produced in the country. In the first four months of the year, the public sector registered a primary surplus of BRL 4.411 billion (USD 1.222 billion).
*Translated by Sérgio Kakitani