The Ministry of Economy announced, this Friday (20), a block of BRL 9.961 billion in the 2022 Budget to avoid a breach of the spending ceiling, despite having slightly improved its projection for the primary deficit this year. The new number includes the R$ 1.7 billion that had already been blocked in the first two months.
The forecast is now that 2022 will end with a fiscal hole for the central government of R$ 65.5 billion, equivalent to 0.7% of the Gross Domestic Product (GDP), in view of the prospect of greater collection, according to a bimonthly revenue report. and expenses.
In the March report, the estimate was for a deficit of BRL 66.906 billion, also equal to 0.7% of GDP.
The Budget Guidelines Law established a fiscal deficit target of BRL 170.5 billion for this year. The Budget, however, was approved with the forecast of a smaller hole, of R$ 76.2 billion.
According to the new accounts, the government increased the projection of net revenues by R$ 36.3 billion, compared to the report presented in March, to R$ 1.722 trillion. Estimated expenses, on the other hand, increased by R$34.9 billion in the year, to R$1.788 trillion.
Source: CNN Brasil
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