Agência Brasil
Brasília – The non-financial public sector had a surplus of R$ 7.8 billion in September, bringing the cumulative surplus for the year to R$57.1 billion, or the equivalent of 5.08% of GDP. The target set with the International Monetary Fund was R$ 54.2 billion.
The federal government (INSS [social security] and the Central Bank) had a surplus of R$39.4 billion (3.5% of GDP), state governments and muncipalities had a surplus of R$11.4 billion (1.02% of GDP), and the surplus at state-controlled enterprises was R$6.3 billion (0.56% of GDP). The cumulative primary surplus for the last 12 months is now at R$61.8 billion (4.16% of GDP).
A note from the Central Bank explains that net debt in the public sector reached R$891.1 billion this year, or 57.7% of GDP, down 0.06 percentage points compared to August. Brazilian currency, the real, has risen 1.45% against the dollar, which meant a R$4.1 billion reduction in debt, compensating for the nominal debt of R$3.7 billion in September.
