Brasília – The consolidated public sector – central, state and local governments and state-owned companies – presented a primary surplus of R$ 239 million (US$ 81 million) in March. The surplus comes after a deficit of R$ 2.29 billion (US$ 777 million) in February. The data was released this Thursday (30th) by the Brazilian Central Bank (BC).
In Q1, the results show a surplus of R$ 1.483 billion (US$ 503 million). The central government includes the federal government, Central Bank (BC) and Social Security. This group posted a surplus due to the federal government surplus of US$ 8 billion. The BC and Social Security posted a deficit, respectively, of R$ 43 million (US$ 14.6 million) and R$ 6.5 billion (US$ 2.2 billion).
In March, the state and local governments, which had posted a surplus in the first two months, had a deficit of R$ 1.146 billion (US$ 373 million). State-owned companies, not including Petrobras and Eletrobras, also posted a deficit, with R$ 97 million (US$ 32.9 million).
*Translated by Sérgio Kakitani
