*Brazil’s central bank (BCB) has released its latest fiscal statistics, showing that the public sector registered a primary deficit of R$66.6bn (US$12.2bn) in July. This marks an increase from the monthly deficits of R$47.1bn in June and R$21.3bn in July 2024. The central government’s primary deficit for July this year was R$56.4bn, while regional governments and state-owned companies posted monthly deficits of R$8.1bn and R$2.1bn respectively. The total public sector deficit in the 12 months through July 2025 stood at R$27.3bn (0.22% of GDP), up from R$17.9bn (0.15% of GDP) in the 12 months through June. The public sector’s nominal deficit, which includes the primary result and debt interest payments, came to R$175.6bn in July 2025 and the accumulated annual nominal deficit stood at R$968.5bn (7.86% of GDP), up from R$894.4bn (7.30% of GDP) in the 12 months through June.
End of preview - This article contains approximately 168 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options