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Fiscal results – Brazilian Central Bank
Data release: 07/29/2022

In May, the consolidated public sector, registered a primary deficit of BRL 33 billion, below market expectations (BRL -30 billion). The accrued nominal interest of the consolidated public sector recorded BRL 33 billion in May 2022. The consolidated public sector nominal registered a deficit of BRL 66 billion in May 2022.

Debt

The Public Sector Net Debt % GDP registered 58.8% (BRL 5.3 trillion), and the market expectations was in 58.3%. The General Government Gross Debt (GGGD) reached 78.2% of GDP (BRL 7.1 trillion). The external Debt recorded 9.2% of GDP while Internal Debt represented 68.1% of GDP. In general terms, the GGGD reflected the exchange appreciation, the nominal GDP growth and the interest rate increases in May 2022.

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