Brazil Books Its Third Biggest July Primary Surplus Since 1997
The primary surplus in Brazil came from oil money and a shifted court-payment calendar. The year to date is still deep in deficit. The post Brazil Books Its Third Biggest July Primary Surplus Since 1997 appeared first on The Rio Times .
Brazil's central government achieved its third largest July primary surplus since 1997, with R$10.8 billion, or US$2.09 billion. This figure exceeded market forecasts and came in just above the R$10.679 billion, or US$2.07 billion, expected by economists. The surplus marked a marginal improvement over the R$59.070 billion, or US$11.44 billion, deficit in July 2025. The primary surplus, which excludes state, municipal, and state-controlled companies, was published on August 27, 2026.
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