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Brazilian budget remains at record breaking deficit

Saturday, July 29th 2017 - 23:29 UTC
Full article 5 comments

Brazil posted another large budget deficit in June, the biggest on record for the month, highlighting the government's uphill battle to meet its budget target amid a slow economic recovery. The monthly primary deficit, before interest rate payments, narrowed in June to 19.552 billion reais (US$6.21 billion) from 30.7 billion in May. Read full article

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