Brazil's public sector gross debt drops to 77.5% of GDP in August

BY Reuters | ECONOMIC | 09/30/22 08:35 AM EDT

BRASILIA, Sept 30 (Reuters) - Brazil's government debt as a share of gross domestic product fell to 77.5% in August, from 78.2% in July, central bank data showed on Friday.

The Brazilian public sector recorded a primary deficit of 30.279 billion reais ($5.60 billion) for the month, bigger than the 28.75 billion reais deficit expected by economists polled by Reuters. ($1 = 5.4050 reais) (Reporting by Marcela Ayres; Editing by Steven Grattan)

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