Brasília – The effort of the Central Government (National Treasury, Social Service and Central Bank) in the first half of this year reached R$ 34.372 billion. The result is 28.3% lower than recorded in the same period last year and represents the worst primary surplus since 2010, when the savings reached R$ 24.897 billion in the first six months of that year.<\/p>\n
In June, the primary surplus totalled R$ 1.274 billion, a result 13.7% lower than in the same month last year. The positive result, however, was only possible as the National Treasury received R$ 3.792 billion (US$ 1.7 billion) in dividends from state-owned company last month, of which R$ 1.986 billion (US$ 882 million) came from the Brazilian Development Bank (BNDES) and R$ 1.2 billion (US$ 533 million) came from the Federal Savings Bank.<\/p>\n
The primary surplus refers to savings for debt servicing. The fiscal effort allows for reduction, in the medium- and long-run, of government indebtedness. Since the late 1990s, the government has been following a primary surplus target.<\/p>\n
*Translated by Mark Ament<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Central government spending had a positive balance of R$ 34.3 billion from January to June this year, 28.3% less than in the same period in 2012, the worst result over the last three months.<\/p>\n","protected":false},"author":2315,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-45410","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Central government spending had a positive balance of R$ 34.3 billion from January to June this year, 28.3% less than in the same period in 2012, the worst result over the last three months.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/45410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=45410"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/45410\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=45410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=45410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=45410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}