Economic Indicators
Brazil’s govt debt falls to 78.5% of GDP in March
2022.05.16 16:27
People walk in front the Central Bank headquarters building in Brasilia, Brazil March 22, 2022. REUTERS/Adriano Machado/File Photo
BRASILIA (Reuters) – Brazil’s government debt as a share of gross domestic product fell to 78.5% in March from 79.2% in February, central bank figures showed on Monday.
The public sector recorded a primary surplus of 4.3 billion reais ($846.54 million) in March, posting a surplus equivalent to 1.37% of GDP in the 12 months. The data was released late due to an ongoing strike by central bank employees.
($1 = 5.0795 reais)
