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Brazil’s govt debt falls to 78.5% of GDP in March -Breaking

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© Reuters. The Central Bank Headquarters Building in Brasilia is seen by people March 22nd, 2022. REUTERS/Adriano Machado/File Photo

BRASILIA, Reuters – Brazil’s share of its gross domestic product as a government debt fell to 78.5% from 79.2% February, according to central bank figures.

Public sector posted a primary surplus in March of 4.3 billion Brazilian reais (or $845.54 million), which is equivalent to 1.37% GDP for the twelve months. Because of the ongoing strike by central banks employees, the data were delayed.

($1 = 5.0795 reais)

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