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BRAZIL: Deputy Finance Minister Durigan Wants To Improve Fiscal Results Quickly

BRAZIL
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  • Deputy Finance Minister Durigan has been speaking at a press conference after the Planning Ministry published its economic outlook report. He said that the government will deliver the best fiscal results in three yeas and that it wants to improve its fiscal results quickly.
    • Confirming the details from Friday's bi-monthly fiscal report, the government is now forecasting a BRL 68.8bn primary fiscal deficit this year, up from BRL 61.4bn previously.
    • After excluding some items costing BRL 40.5bn from the total, including spending on disaster relief following previous flooding, the primary deficit would be BRL28.3bn, within target, according to the Planning Ministry.
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  • Deputy Finance Minister Durigan has been speaking at a press conference after the Planning Ministry published its economic outlook report. He said that the government will deliver the best fiscal results in three yeas and that it wants to improve its fiscal results quickly.
    • Confirming the details from Friday's bi-monthly fiscal report, the government is now forecasting a BRL 68.8bn primary fiscal deficit this year, up from BRL 61.4bn previously.
    • After excluding some items costing BRL 40.5bn from the total, including spending on disaster relief following previous flooding, the primary deficit would be BRL28.3bn, within target, according to the Planning Ministry.