Brazil’s central government achieved a primary budget surplus of 84.882 billion reais ($14.6 billion) in January, slightly below the forecasted surplus of 88.450 billion reais. This indicates ongoing fiscal performance despite the shortfall against expectations.
In January, Brazil’s central government recorded a primary budget surplus of 84.882 billion reais, equivalent to approximately $14.6 billion, according to data from the Treasury. This figure slightly missed economists’ expectations, who had forecasted a surplus of 88.450 billion reais for the month. The exchange rate at the time was 1 USD to 5.8268 reais.
The Brazilian central government’s primary budget surplus for January 2025 was notable but fell short of economists’ predictions. At $14.6 billion, it demonstrates continued fiscal management amidst expectations of a larger surplus. This financial outcome is critical as it reflects the government’s efforts in maintaining economic stability and growth.
Original Source: money.usnews.com
