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Government Increases 2024 Primary Deficit Estimate To BRL 14.5bn

BRAZIL
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  • The government has released its bimonthly Income and Expenses Evaluation Report, in which it has raised its estimate for the 2024 primary deficit to BRL 14.5bn, from BRL 9.3bn.
  • This estimate does not include Rio Grande do Sul due to the historic flooding in the state.
    • BRAZIL GOVT ESTIMATES BRL 14.5 BILLION PRIMARY DEFICIT IN 2024 (BBG)
    • BRAZIL GOVT INCREASES 2024 SPENDING EST. BY BRL 24.4 BILLION
    • BRAZIL GOVT RAISES 2024 REVENUE ESTIMATE BY BRL 6.3 BILLION
    • BRAZIL ISSUED BRL 12.9B IN EXTRAORDINARY CREDIT DUE TO FLOODS
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  • The government has released its bimonthly Income and Expenses Evaluation Report, in which it has raised its estimate for the 2024 primary deficit to BRL 14.5bn, from BRL 9.3bn.
  • This estimate does not include Rio Grande do Sul due to the historic flooding in the state.
    • BRAZIL GOVT ESTIMATES BRL 14.5 BILLION PRIMARY DEFICIT IN 2024 (BBG)
    • BRAZIL GOVT INCREASES 2024 SPENDING EST. BY BRL 24.4 BILLION
    • BRAZIL GOVT RAISES 2024 REVENUE ESTIMATE BY BRL 6.3 BILLION
    • BRAZIL ISSUED BRL 12.9B IN EXTRAORDINARY CREDIT DUE TO FLOODS