Banknotes of 100 reais. Illustrative image. Photo: Marcello Casal Jr / Agência Brasil
The central government accounts had a primary deficit of 73.55 billion reais in June, against a deficit of 194.9 billion reais in June 2020, the National Treasury informed this Thursday (29). The main result accumulated in 12 months was a deficit of 401.0 billion reais, equivalent to 4.7% of GDP.
In the cumulative until June 2021, there was a deficit of R $ 53.7 billion compared to the deficit of R $ 417.3 billion in 2020 (in nominal terms). The business team says the outcome is influenced by the evolution of tax collection as well as the concentration of spending in response to the Covid-19 crisis.
Data released Thursday shows that Social Security recorded a deficit of R $ 160.3 billion, while the National Treasury and the Central Bank posted a surplus of R $ 107.7 billion.
In June 2021, primary spending in response to the Covid-19 crisis stood at 12.7 billion reais, the economics team said. The spending forecast to fight the pandemic this year is $ 127.5 billion. “The main expenses were (1) emergency aid to people in vulnerable situations, (2) emergency allowance to maintain employment and income and (3) purchase of vaccines”, specifies the government in a note.