Summary
- Brazil’s primary deficit (excluding interest payments) reached R$280.2 billion, the highest since July 2021.
- The consolidated public sector posted a primary deficit of R$1.062 trillion over 12 months, the highest since 2002.
- Despite record revenue, the deficit under President Luiz Inácio Lula da Silva’s administration increased.
- Debt interest payments reached R$781.6 billion over 12 months, the highest figure in the historical series.
