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Brazil's posts a primary budget surplus in April, because of annual income tax collection

Tuesday, May 31st 2016 - 07:21 UTC
Full article 4 comments

The Brazilian government posted a primary budget surplus in April well above market expectations due to a seasonal increase in tax revenues and a drop in subsidies, a senior official said on Monday. The government, which is struggling to lift the economy out of a deep recession, posted a primary budget surplus of 9.751 billion reais (US$2.72 billion) in April. Read full article


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  • Brasileiro

    I wonder how the coup government and thief will do to launder money that will remain of the Federation budget is overvalued in a deficit of 170 billion reais.

    This amount was proposed and approved by the coup government. The previous deficit was 96 billion reais (still overvalued forecast, but more realistic).

    Certainly the coup leaders will use the money to pay for the favors of the Brazilian media, the judiciary and corrupt associations and entities that supported the coup through the massive dissemination of lies and half truths.

    A corrupt politician making the control and evaluation of the Federation spending. It's a joke!

    May 31st, 2016 - 10:18 am - Link - Report abuse 0
  • ChrisR

    @ 1 Brasso

    Ha, ha, ha.

    It was YOUR party that started all the corruption and is still trying to remove the attentions of the state prosecutors from the remaining crooks.

    May 31st, 2016 - 01:48 pm - Link - Report abuse 0
  • Terence Hill

    3 ChrisR
    Thank you for confirming that are in fact a liar, as you cannot meet your burden of proof. You as per usual attempted to nsupport your biased opinion with yet another porkie.
    Deep thinking, Philosophy; Burden of proof
    Burden of proof (or onus probandi in Latin) is the obligation on somebody presenting a new idea (a claim) to provide evidence to support its truth (a warrant). Once evidence has been presented, it is up to any opposing “side” to prove the evidence presented is not adequate. Burdens of proof are key to having logically valid statements: if claims were accepted without warrants, then every claim could simultaneously be claimed to be true.
    Burden of proof is often abused in rhetoric and arguments.
    Shifting the burden
    Fallacious shifting of the burden of proof occurs if someone makes a claim that needs justification, then demands that the opponent justify the opposite of the claim. The opponent has no such burden until evidence is presented for the claim.

    May 31st, 2016 - 03:53 pm - Link - Report abuse 0
  • Hepatia Rubbish. The PT did not start corruption in Brazil. Had you been around during the military dictatorship years then you would have seen real corruption - before the PT even existed.

    What has changed is that both the Lula and Dilma administrations have appointed independent prosecutors and judges and given them cover. This is what Temer is trying to reverse - in order to save his own skin and those of his associates.

    My hope is that the PMDB gets wiped out in congress in 2018.

    Jun 01st, 2016 - 01:55 am - Link - Report abuse 0

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