MercoPress. South Atlantic News Agency
Brazil ends 2015 with record deficits: primary, 1.88% and fiscal 10.34%, of GDP
Brazil posted a primary budget deficit in 2015 of 111.25 billion Reais (roughly $27.29 billion), the biggest since the data series began in 2001, the Central Bank said on Friday. The primary budget deficit (before interest payments), equivalent to 1.88% of GDP, was more than triple the primary budget gap in 2014 (32.5 billion reais, or 0.57% of GDP). Read full article
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Disclaimer & comment rulesIf the Selic rate is not reduced Brazil will pay R$ 500 billion in debt service in 2016. This represents 45% of the Union budget.
Jan 30th, 2016 - 12:08 pm - Link - Report abuse 0And yet there are people who care about 1% of primary deficit.
Tombini want to fool whom?
This guy is playing into the hands of the PSDB and the Saxons!
Interest watching this ship sink in the night. Will anyone notice? Zika, corruption, pollution, some of the highest crime rates in the world, should make an interesting Olympics. Like children, everyone should get a participation medal for surviving. An athlete contact a flesh eating virus from bring in that sewer Brazil calls water. I think the chant at future selection committees for the Olympics will be...“remember Brazil”.
Jan 30th, 2016 - 01:34 pm - Link - Report abuse 0DumbAss Dilma is like all managers who don't learn from mistakes, either their own or others and perpetuate stupid actions in the vain hope 'it will work out OK this time'.
Jan 30th, 2016 - 05:33 pm - Link - Report abuse 0It never does and most certainly never will.
The Military will have to sort it out, sooner or later.
Regarding the Federal Budget for 2016, the Government has forecasted a revenue of R$ 2,95 trillion. And presuming it's accurate, it is pretty optimistic. The Federal debt has already just passed R$ 2,8 trillion, or 95% of the budget. Interest on this debt will consume R$ 400 billion, or 13,6 % of the budget . And, considering the primary budget deficit of R$ 111,25 Billion in 2015 (which does not even include interest payments), I'd say that Brazil is up Shit Creek without a paddle....all thanks to Dilma (and let's not forget the 9-fingered toad, Lula, who's holding her by the short and curlies).
Jan 30th, 2016 - 06:54 pm - Link - Report abuse 0@1 BRasshole
BTW , just for a change, your numbers/ calculations are wrong. Your information collecting and your math skills aren't very good....now why isn't that a surprise ??
This should make brasileiro really, really happy, 'cause within a short time Brasil cannot borrow a shirt button not to mention money. Down the drain, washed out to sea.
Jan 31st, 2016 - 12:06 am - Link - Report abuse 0@4 I do not like reading your comments. You are childish and writes many bad words. But the number you presented (R$ 2.95 trillion).
Jan 31st, 2016 - 02:07 pm - Link - Report abuse 0It is not the Union's budget. This number represents the Union, States and Municipalities budget.
Be more careful with what you write!
“não precisa responder-me”
@6 BRasshole
Jan 31st, 2016 - 07:04 pm - Link - Report abuse 0I'm quite sure you don't like my comments, far less to read them. My “bad words” are only the facts. Just fyg, read the following link :-
http://www1.folha.uol.com.br/mercado/2016/01/1729665-dilma-sanciona-sem-vetos-orcamento-da-uniao-de-2016.shtml
It says that the Federal budget (“Orçamento da União”), approved by Congress and sanctioned by Dilma on 14th Jan, 2016, is based on the expectation of Federal revenues (R$ 2,95 trillion), and includes the budgets of the State-run companies controlled by the Government, plus the sale of Treasury Bonds. Dilma only sanctions the Federal budget - revenue and expenditures under their control.....
.......therefore, it has absolutely nothing to do with the State and/or Municipal budgets, which are based on revenue from taxes belonging to the State / Municipality, plus pre-determined funds passed down from the Federal Government.
Não se preocupe, não é nenhum trabalho responder às bobagens que você escreve, seu ignorante....por outro lado, como poderia ver você falando tanta merda, e ficar quieto ?
Brazil already A: Is rapidly sliding deeper into economic crisis and B:Is “Short of Cash [AND time]”. Spending more cash / time on the FARCE of the investigations will simply be an additional waste of the valuable resources which are already in short-supply.
Feb 03rd, 2016 - 12:33 pm - Link - Report abuse 0The news about the investigations — no matter how “tasty / interesting”:
1: Benefit the publishers & the TV only.
2: Will ultimately boil down to nothing [EITHER due to the lack of concrete evidence OR due to the legal-loopholes (which are knowingly created by the law-makers themselves to protect the corrupt amongst them)].
FIRSTLY:
The only option AND the only hope; is to legalize corruption in Brazil!
Just by doing so; the outflow of the “illegal” gains / activities will stop and the inflow of the same — in trillions, from all over the world — will flood-in and ultimately benefit Brazil!
SECONDLY:
“Zero Corruption” is myth, an illusion, a fantasy, a hypocrisy and a hallucination — all rolled into one mirage.
Everything & Everyone has a price. Those who grudge, grumble & whine against it; simply had neither an opportunity nor any guts. [The best way to handle a temptation is by yielding to it!]
Hence it would be the best to Admit / Accept and Legalize Corruption!
FINALLY:
As the drama of the Political & Economic Crisis keeps unfolding endlessly; a National Emergency &/or Collor-Style Theft is very likely to creep-in!
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