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LatinNews Daily - 30 July 2019
In brief: Brazil’s public-sector primary deficit lowest for four years
* According to Brazil’s central bank (BCB), the central government posted a R$12.2bn (US$3.23bn) primary deficit in June 2019, down from a R$13.5bn deficit in June 2018. The central government’s primary deficit (which includes social spending, the national treasury and the central bank) totalled R$24.7bn in the first six months of the year. The government’s fiscal deficit target for 2019 is R$139bn. The public-sector primary deficit (which includes the central government, state and municipal governments, and state-owned enterprises) totalled R$5.7bn in the six months to June 2019, the lowest level in four years, driven by a surplus in regional government accounts.
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