Government revenue drops for the 3rd month in a row in August, totaling R$ 172.8 billion

[ad_1]

The real drop in revenue was 4.1% last month, according to the Federal Revenue Secretariat. Year-to-date also declined compared to the same period in 2022. The collection of taxes, contributions and other federal revenues recorded a real drop (after discounting inflation) of 4.1% in August this year, to R$ 172.78 billion. The information was released this Thursday (21) by the Federal Revenue Secretariat. This was the third consecutive month of a real drop in revenue and the fourth alternating decline in 2023. The comparison is always made against the same month last year, considered more appropriate by experts. In June, the decline was 3.4% and, in July, it was 4.2%. Before that, in March, the decrease was 0.42%. Revenue also falls in part of the year With the new real reduction in August of this year, government revenue also recorded a drop in the accumulated result for 2023. Until July of this year, the accumulated drop was 0.39%. In the first eight months of this year, the decline was greater: 0.83% compared to the same period in 2022. From January to August 2023, R$1.51 trillion was collected. In values ​​corrected by the IPCA, partial revenue in 2023 totaled R$ 1.53 trillion, against R$ 1.54 trillion in the same period in 2022. In search of zero deficit The numbers were released at a time of discussion by the National Congress of measures sent by the federal government, or in the internal discussion phase, to try to increase revenues in the 2024 budget. The objective is to seek a zero deficit for public accounts – a promise from the economic team that was included in next year’s budget proposal. Among the measures announced are changes to Carf, the taxation of exclusive funds and the end of the interest on equity regime. The government has already informed that it will need an additional R$168 billion to close the accounts in 2024, but if revenue continues to fall, achieving balance in the accounts in 2024 will be more difficult.

[ad_2]

Source link