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Brazil's govt debt falls to 78.5% of GDP in March

BY Reuters | ECONOMIC | 05/16/22 08:51 AM EDT

BRASILIA, May 16 (Reuters) - Brazil's government debt as a share of gross domestic product fell to 78.5% in March from 79.2% in February, central bank figures showed on Monday.

The public sector recorded a primary surplus of 4.3 billion reais ($846.54 million) in March, posting a surplus equivalent to 1.37% of GDP in the 12 months. The data was released late due to an ongoing strike by central bank employees. ($1 = 5.0795 reais) (Reporting by Marcela Ayres)

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