Economic news

Brazil’s public debt has declined

2022.11.22 14:30


Brazil’s public debt has declined

Budrigannews.com – On Tuesday, Brazil’s Economy Minister Paulo Guedes predicted that the country’s gross debt would drop to 74.3 percent of GDP in 2022, the lowest level since 2018 (75.3%).

He also said that the central government’s primary budget surplus will reach 0.4% of GDP this year, which is higher than the Economy Minister’s earlier estimate of 0.2%.

Brazil’s public debt has declined

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