Public accounts deficit is lower than a year ago but higher than last November.
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Months is marked by seasonal revenues, such as income tax and oil royalties, which caused Brazilian public accounts to see a positive balance.
Negative balance in March, however, was smaller than in March 2018.
Managing director of the IMF said the country needs financial assistance more than ever in order to deal with the great number of refugees while doing the tax adjustment.
Banks surveyed by the Ministry of Finance expect a deficit below the official target for this year.
Primary deficit stood at BRL 25.135 billion (USD 7.36 billion), the worst result for the month in the Brazilian Central Bank’s historical series.