{"id":56889,"date":"2017-04-07T18:08:00","date_gmt":"2017-04-07T20:08:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/primary-deficit-target-moved-up\/"},"modified":"2019-06-30T12:47:51","modified_gmt":"2019-06-30T15:47:51","slug":"primary-deficit-target-moved-up","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/primary-deficit-target-moved-up\/","title":{"rendered":"Primary deficit target moved up"},"content":{"rendered":"<p>Bras&iacute;lia &ndash; The Brazilian federal government raised its 2018 primary deficit target from BRL 79 billion (USD 25.2 billion) to BRL 129 billion (USD 41.2 billion) this Friday (7). A primary deficit means government expenditure outweighed revenue, not factoring in debt interest payments. <\/p>\n<p>The target change was announced by ministers Henrique Meirelles, of Finance, and Dyogo Oliveira, of Planning, upon presenting the 2018 Budget Bill (Projeto de Lei de Diretrizes Or&ccedil;ament&aacute;rias &#8211; PLDO) at a press conference.<\/p>\n<p>The BRL 79 billion target for 2018 was set in the 2017 PLDO which Congress approved last year. Meirelles stressed that the administration is committed to having a lower target in 2018 than it did in 2017. The target for the so-called Central Government (National Treasury, Social Security and Central Bank) this year is BRL 139 billion (USD 44.4 billion). <\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Brazilian government changed its deficit target for next year from USD 25 billion to USD 41 billion, ministers announced today.<\/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-56889","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The Brazilian government changed its deficit target for next year from USD 25 billion to USD 41 billion, ministers announced today.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/56889","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=56889"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/56889\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=56889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=56889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=56889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}