Brazil’s public debt rises and reaches US$1.13 trillion

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Brazil’s public debt rises and reaches US.13 trillion


Brazil’s public debt rose 1.51% in February in comparison with the earlier month, reaching R$5.8 trillion (US$1.13 trillion).

The R$87.3 billion (US$17 billion) improve considers the federal government’s money owed in Brazil and overseas.

The National Treasury launched the information on Wednesday, February 29.

The January proportion represented 72.5% of the Gross Domestic Product (GDP).

There was a drop of a little bit greater than 5 proportion factors in comparison with January final 12 months.

The methodology utilized by the Central Bank to measure the debt is broader as a result of it contains authorities bonds with the . . .

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