Brazil’s public sector has a surplus of BRL 15 billion in November

The data was released by the Central Bank on Thursday (30) | Photo: Marcello Casal JrAgência Brasil

The country’s consolidated public sector recorded a primary surplus of R $ 15 billion in November, according to information released by the Central Bank on Thursday (30). The result was possible because the central government (National Treasury, Social Security and Central Bank) had a surplus of 3.9 billion reais, while state governments achieved a positive balance of 11.7 billion reais. State-owned enterprises had a deficit of R $ 238 million. In November of last year, the result for the same month was a deficit of R $ 18.1 billion.

The main result for November is the best since November 2013 (when it stood at 29.8 billion reais). The main result is income minus expenses, excluding interest charges.

In the cumulative result for the year, the consolidated public sector recorded a primary surplus of R $ 64.6 billion, compared to a deficit of R $ 651.1 billion in the same period in 2020. Over the last twelve month, the consolidated public sector reached a surplus of 12.8 billion reais, a result which had been a deficit of 20.4 billion reais in the last twelve months up to October.

This Wednesday (29), the National Treasury indicated that the country is moving towards recording, still in 2021, the first primary surplus in eight years.

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