Home Business The Central Government Has a Primary Deficit of R$16,206 Billion in November

The Central Government Has a Primary Deficit of R$16,206 Billion in November

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The central government made up of the National Treasury, Central Bank and Social Security had a primary deficit of 16.206 billion reais in November, Treasury said on Thursday.

The data was worse than the 15.4 billion reais forecast for the month by analysts, according to a Reuters poll. In the accumulated in 12 months, the deficit reached 111.0 billion reais, and by 2018 the target is a negative balance of 159 billion Reais.