Data release: 10/31/2022
In September, the consolidated public sector, registered a primary surplus of BRL 10.7 billion, slightly below of expectations (BRL 11 billion). The consolidated public sector nominal recorded a deficit of BRL 60.6 billion, including the nominal interest of BRL 71.4 billion.
Debt
The Public Sector Net Debt % GDP registered 58.3%, and the market expectation was 57.9%. The nominal interest appropriated, the effect of the variation in the basket of currencies that make up the net external debt, the exchange devaluation, the growth of nominal GDP and the primary surplus contributed to this result.
The General Government Gross Debt reached 77.1% of GDP in September. This evolution was mainly because of nominal GDP growth from net debt redemptions of nominal interest appropriated and the effect of the exchange rate devaluation
