The federal government had a loss of R$57.8 billion in its accounts for the month, according to the Central Bank
The consolidated public sector – made up of the Union, States, municipalities and state-owned companies – recorded a primary deficit of R$48.7 billion in February. This was the largest negative balance for the month in the historical series, which began in 2002. The B.C. (Central Bank) released the result this Friday (April 5, 2024). Here's the complete of the statement (PDF – 288 kB).
The central government (federal and Central Bank) had a loss of R$57.8 billion in the month's accounts. States and municipalities had a surplus of R$8.6 billion, while the positive balance of state-owned companies was R$268.2 billion.
The central government – made up of the federal government and the Central Bank – also recorded the largest deficit in history, starting in 2002. The deficit grew 47.4% in nominal values compared to 2023.
Over the past 12 months, the consolidated public sector has accumulated a deficit of R$268.2 billion, which is equivalent to 2.44% of GDP (Gross Domestic Product). The level is 0.19 percentage points above the January result.
The primary result is the balance of revenues against expenses, but excludes the payment of interest on the debt.
INTEREST PAYMENT
The government paid R$65.2 billion in interest on the debt in February 2024. As a result, the nominal result – which takes this expense into account – resulted in a deficit of R$113.9 billion in the month.
In 12 months, the nominal deficit was R$1.015 trillion, or 9.24% of GDP.
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