Brazil’s gross public sector debt falls to 74.5% of GDP in November

By: News Team

Published on:

Brazil's gross public sector debt falls to 74.5% of GDP in November

Brazil’s government debt as a percentage of gross domestic product fell to 74.5 percent in November from 75.1 percent in October, central bank data showed on Thursday.

Brazil’s public sector posted a primary deficit of 20.089 billion reais ($3.8 billion) in the month, more than the 13.65 billion reais expected by economists polled by Reuters.

(1 dollar = 5.2295 reais)

Leave a Comment