{"id":54738,"date":"2016-07-28T17:32:00","date_gmt":"2016-07-28T19:32:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/primary-federal-deficit-a-record\/"},"modified":"2019-06-30T12:51:56","modified_gmt":"2019-06-30T15:51:56","slug":"primary-federal-deficit-a-record","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/primary-federal-deficit-a-record\/","title":{"rendered":"Primary federal deficit a record"},"content":{"rendered":"<p>Bras&iacute;lia &ndash; Plummeting revenues and growing expenses led Brazil&rsquo;s Central Government (National Treasury, Social Security and Central Bank) to weather the widest primary deficit ever for a first half, at BRL 32.521 billion (USD 9.911 billion), a much wider number than H1 2015&rsquo;s BRL 1.76 billion (USD 536.4 million) deficit. <\/p>\n<p>The primary deficit is a measure of government deficit that does not factor in debt interest payments. In June alone, the Brazilian Central Government incurred a BRL 8.802 billion (USD 2.862 billion) deficit, in the third straight June with a deficit &ndash; the widest ever for the month. June 2015 saw a BRL 8.249 billion (USD 2.514 billion) deficit. <\/p>\n<p>The June deficit could have been worse if it weren&rsquo;t for BRL 5.2 billion (USD 1.5 billion) in revenues from the renewal of hydroelectric plant concessions following a November 2015 auction where the government grossed BRL 16 billion (USD 4.8 billion), of which BRL 11 billion (USD 3.3 billion) had been paid to the National Treasury in January. <\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Brazilian federal government had a USD 9.9 billion deficit in the first half of 2016.<\/p>\n","protected":false},"author":2316,"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-54738","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The Brazilian federal government had a USD 9.9 billion deficit in the first half of 2016.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/54738","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\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=54738"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/54738\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=54738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=54738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=54738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}