Brazil debt to hit record 93.5% of GDP this year: Economy Ministry

by Aurelia Butler 22 May 2020, 20:45 179 Views

In a presentation released late on Friday, the ministry also said the central government’s primary deficit could widen to 675.7 billion reais ($121 billion), or 9.4% of GDP, once emergency measures not yet formally approved are factored in.

This would also see the broad public sector deficit widening to 708.7 billion reais, or 9.9% of GDP.

Source: Economy - investing.com

Brazil broad public sector deficit on course for 10% of GDP: Treasury Secretary

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Brazil debt to hit record 93.5% of GDP this year: Economy Ministry

Brazil broad public sector deficit on course for 10% of GDP: Treasury Secretary

Trade Secrets video series

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