BRAZIL: Central Government Posts Deficit Of R$ 16.422 Billion In June

BRAZIL: Central Government Posts Deficit Of R$ 16.422 Billion In June

Brazil's Central Government — which includes the National Treasury, Social Security, and the Central Bank — recorded a primary deficit of R$ 16.422 billion in June, according to the National Treasury. The figure is 17.2% lower than the negative result of R$ 19.844 billion recorded in June 2017.

The National Treasury responded by a negative balance of R$ 1.887 billion, Social Security had a deficit of R$ 14.513 billion and the Central Bank added a deficit of R$ 22 million.

Year-to-date, the Central Government primary deficit amounts to R$ 32.867 billion.

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