In a record number since 2014, the government recovers almost BRL 22 billion in fee and tax debts

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Debts were registered in the active debt of the Union. It was the highest amount recovered in a single semester since 2014. Data are from the Attorney General of the National Treasury. The Attorney General’s Office of the National Treasury (PGFN) recovered almost BRL 22 billion of debts registered in the Union’s overdue debt in the first half of 2023. It was the highest amount recovered in a single semester since 2014. According to the PGFN, the result is the result of the high volume of funds recovered through tax transaction agreements (R$ 10 billion). The tax transaction agreement allows taxpayers who have not committed fraud to regularize their tax situation with the PGFN with better conditions. The amount recovered by the PGFN has an effect on the primary result, that is, it can improve the situation of the federal government’s public accounts. The latest forecast is that the so-called primary deficit will be at R$ 136.2 billion this year, but a new projection will be released this Friday (21). The primary deficit occurs when expenditure exceeds revenue and does not consider expenditure on interest on the public debt. When revenues are greater, the result is a surplus.

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