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Primary Budget Surplus Above Economist Estimates in April

  • Primary budget surplus registered at BRL20.324b (estimate +BRL16.3b) in April, according to the BCB.
  • Nominal budget deficit was at BRL25.428b (estimate -BRL34.7b).
  • Net debt to GDP was 57.2% (estimate 57.2%).
  • 12-mth primary budget as percent of GDP was 0.55%.

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