Brasília – The anticipation of payment of BRL 10.7 billion (USD 2.97 billion) in court-ordered government debt payment drove down the primary surplus in April. The Central Government – National Treasure, Social Security System and Central Bank – saved BRL 7.187 billion (USD 1.99 billion) last month, against BRL 12.316 billion (USD 3.42 billion) in the same month of last year.0
In the year’s first four months, the Central Government has registered a BRL 5.448 billion (USD 1.51 billion) deficit, against a primary deficit of BRL 7.247 (USD 2.01 billion) in last year’s first four months. According to the National Treasure, if not for the judicial securities, the result would show a surplus of 14.7 billion (USD 4.08 billion).
Public securities are public bonds issued to people that have won a legal action before the higher court. From 2013 to 2016, the Treasure would make the payments in November and December. The Treasure anticipated the payments to May and June last year, and to March and April this year.
Translated by Sérgio Kakitani
