* Brazil’s central bank (BCB) has released its latest update on the country’s fiscal situation, according to which the public sector posted a R$12.93bn (US$2.28bn) primary surplus in September. This was the result of a R$708m surplus in central government accounts, a R$10.4bn surplus for state governments, and a US$1.8bn surplus for state-owned companies. The accumulated primary deficit over the last 12 months fell by 0.94 percentage points compared to the figure posted last month, and now stands at R$52.9bn (0.63% of GDP).
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