* Brazil’s national treasury in the economy ministry has released its latest fiscal results, according to which the central government posted a R$44.124bn (US$9.835bn) primary surplus in January 2020, up 41% on the surplus registered in January 2019 (after adjustment for inflation). The national treasury has also presented its monthly public debt report, according to which the country’s stock of federal public debt (DPF) decreased by 0.45% between December 2019 and January 2020, to a total R$4.229trn. The DPF – which includes internally and externally held debt – is expected to total between R$4.5trn and R$4.75trn for the year 2020.
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