Economic Indicators
Brazil’s govt forecasts 2023 primary deficit of $12 billion
2022.08.31 23:34
FILE PHOTO: A view of the main entrance of the Ministry of Finance in Rio de Janeiro, Brazil September 13, 2019. REUTERS/Sergio Moraes
BRASILIA (Reuters) – Brazil’s Economy Ministry predicted a 2023 primary budget deficit of 63.7 billion reais ($12.25 billion) in a proposal sent to Congress on Wednesday, close to the 65.9 billion reais deficit officially set as the government’s fiscal target for next year.
($1 = 5.1981 reais)