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Brazil’s 2025 Fiscal Picture: A Small Primary Gap, A Huge Interest Bill

Summary by The Rio Times
Key Points Brazil’s public sector ran a primary deficit of R$55.021 billion ($10 billion) in 2025, near forecasts. The central government stayed in the red, while states and cities partly offset it with a surplus. The decisive pressure came from interest, lifting the overall shortfall to about R$1.0626 trillion ($197 billion). Brazil closed 2025 with […]

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The consolidated public sector – including the Union, states, municipalities and state companies – recorded a primary deficit of 55 billion real estate (0.43% of GDP) in 2025, according to data published on this Saturday, 30th, by the Central Bank (BC). There was an increase in deficit compared to 2024, when the negative result was 47.6 billion from... The post Crusoe: Public accounts recorded a deficit of R$ 55 billion in 2025, says BC appeared…

·São Paulo, Brazil
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The consolidated public sector (central government, States, municipalities and states, with the exception of Petrobras and Electrobras) had a primary deficit of R$ 55,021 billion in 2025, reported the Central Bank this Saturday, 30. The amount is equal to 0.43% of the Gross Internal Product (PIB). The result of 2025 was less negative than was observed in 2024 when the public sector's primary deficit was R$ 47,553 billion, or 0.40% of GDP. It is …

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Jovem Pan News broke the news in on Friday, January 30, 2026.
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