The Central Government accounts registered a primary surplus of R$3.872 billion in November 2021. The figure is the fifth highest for the month and also the best since November 2013.
The data were released by the National Treasury Secretariat (STN) this Wednesday (29). The primary result of the Central Government includes the National Treasury, Central Bank and Social Security accounts, excluding interest expenses.
The surplus means that government revenues were sufficient to cover public expenditures for the period. In the same month of last year, the accounts had a deficit of R$ 18.257 billion, that is, there was a lack of resources to cover government expenditures, which increased in the fight against the pandemic.
“Compared to November 2020, the improvement in the primary result observed in the month results from the combination of a real increase of 4.4% (+R$ 5.6 billion) in net revenue and a real decrease of 12.7% (-R$ 18.5 billion) of total expenses”, explains the folder.
Accumulated deficit
In the accumulated result for the year, the Central Government accounts add up to a deficit of R$49.287 billion from January to November 2021. In the same period of 2020, the gap accumulated a record of R$699.122 billion.
In total, 2020 registered a deficit of R$743 billion. The amount was only possible due to the decree of the State of Calamity, necessary to fight the pandemic, the government was released from complying with the fiscal target for that year. For this year, the fiscal gap may reach up to R$ 247.118 billion.
Reference: CNN Brasil

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