Brazil Achieves $14.6 Billion Primary Budget Surplus in January

Posted On: February 27, 2025
Posted By: Marcus Collins
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Brazil’s central government achieved a primary budget surplus of 84.882 billion reais ($14.6 billion) in January, which was less than the anticipated surplus of 88.450 billion reais according to economists’ projections.

In January, Brazil’s central government reported a primary budget surplus of 84.882 billion reais, equivalent to approximately $14.6 billion according to Treasury data released on Thursday. This figure was slightly below the economists’ expectations, as a surplus of 88.450 billion reais had been forecasted for that month. Notably, the exchange rate at that time was $1 equal to 5.8268 reais.

Brazil’s primary budget surplus for January reached 84.882 billion reais, falling short of the forecasted surplus. This figure highlights the ongoing fiscal management within the government, despite the slight discrepancy from expectations.

Original Source: money.usnews.com

A. I AI BANKING BRAZIL BUDGET ALLOCATION CENTRAL GOVERNMENT CITY ECONOMY FISCAL POLICY INFLATION JORGE SILVA MARCEL MARCELA AYRES REUTERS SAO PAULO SOUTH AMERICA THOMSON REUTERS TREASURY U. S

Marcus Collins

Marcus Collins is a prominent investigative journalist who has spent the last 15 years uncovering corruption and social injustices. Raised in Atlanta, he attended Morehouse College, where he cultivated his passion for storytelling and advocacy. His work has appeared in leading publications and has led to significant policy changes. Known for his tenacity and deep ethical standards, Marcus continues to inspire upcoming journalists through workshops and mentorship programs across the country.