Primary surplus for the 1st two months amounted to BRL 37.7 billion, a result 33.09% lower than in the same period of 2022.| Photo: Marcello Casal Jr/Agência Brasil

The Central Government’s public accounts closed the first two months of the year with a surplus of R$ 37.76 billion, according to data from the Treasury presented this Thursday afternoon (30). The amount was 33.09% lower than that recorded in the first two months of 2022 (see in full)

The Central Government brings together agencies such as the National Treasury, Social Security and the Central Bank. Considering only the month of February, there was a deficit of BRL 40.98 billion, reflecting the difference between net revenue of BRL 102.69 billion and total expenditure of BRL 143.68 billion in the period.

“February is seasonally a deficit month”, explained Rogério Ceron, Secretary of the Treasury. The result was influenced mainly by the increase in social security benefits and mandatory expenses with flow control.

Still this Thursday (30th), Ceron stated that the deficit for the year could decrease from R$ 107.6 billion initially forecast to R$ 50 billion, through measures that should be announced in April by the government.