Brasília – Brazilian financial institutions polled by the Ministry of Finance expect the so-called Central Government, comprising the National Treasury, Social Security and Central Bank to run a BRL 142.051 billion (USD 42.9 billion) primary deficit this year. The estimate is an improvement over the one from May, which had been BRL 148.036 billion (USD 44.7 billion), but it exceeds the government target deficit, which is BRL 139 billion (USD 42 billion).
The estimate is from the Prisma Fiscal survey, a poll of financial market players conducted by the Finance Ministry’s Secretariat for Economic Policy. The expected deficit in 2018 widened from May’s BRL 125.124 billion (USD 37.8 billion) to BRL 127.446 billion (USD 38.5 billion).
*Translated by Gabriel Pomerancblum
