{"id":46021,"date":"2013-09-30T19:37:00","date_gmt":"2013-09-30T21:37:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/brazil-posted-deficit-in-august\/"},"modified":"2019-06-30T13:09:53","modified_gmt":"2019-06-30T16:09:53","slug":"brazil-posted-deficit-in-august","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/brazil-posted-deficit-in-august\/","title":{"rendered":"Brazil posted deficit in August"},"content":{"rendered":"<p>Bras&iacute;lia &ndash; Brazil was unable to amass savings for paying interest on the public debt in August. On the contrary, the country&rsquo;s consolidated public sector (federal government, states&rsquo; governments, municipal governments, and government-owned companies) posted a primary deficit of R$ 432 million (US$ 191 million), of which R$ 55 million (US$ 24.3 million) concern the federal government, R$ 174 million (US$ 77 million) concern regional governments, and R$ 203 million (US$ 89.8 million) concern government-owned companies.<\/p>\n<p>It was the worst month of August since 2010 for government accounts, according to the head of the Central Bank&rsquo;s Economic Department, T&uacute;lio Maciel. The deficit in August was far removed from the R$ 2.28 billion (US$ 1 billion) surplus posted in July and the R$ 5.42 billion (US$ 2.39 billion) surplus posted in June.<\/p>\n<p>Year-to-date through August, savings for paying debt interest stood at R$ 54.01 billion (US$ 23.9 billion), a sum equivalent to 1.73% of the country&rsquo;s Gross Domestic Product (GDP). However, the surplus is down from the R$ 74.22 billion (US$ 32.8 billion, 2.58% of the GDP) posted in the same period last year. The primary surplus was R$ 96.54 billion in (US$ 42.7 billion) the same period of 2011.<\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the Central Bank, the government did not succeed in amassing savings to pay interest on the debt. The monthly primary deficit was US$ 191 million.<\/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-46021","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"According to the Central Bank, the government did not succeed in amassing savings to pay interest on the debt. The monthly primary deficit was US$ 191 million.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/46021","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=46021"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/46021\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=46021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=46021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=46021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}