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Second high level review meeting was taken by the Union Health Minister Shri Ghulam Nabi Azad at 9.30 A.M. today i.e. 3rd September, 2010 to discuss t ...
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The consolidated public sector primary surplus reached R$ 9.5 billion in February, the best result for the month since the beginning of the series, in 2001. The Central Government recorded a surplus of R$ 5.3 billion; regional Governments, R$ 5.1 billion surplus; and state owned companies, R$ 872 million deficit. In the year, the surplus reached R$ 35.5 billion (5.38% of GDP), 1.35 p.p. of GDP higher than the one registered in the same period in 2011. As for the surplus earned in 12 months, it reached R$ 138.6 billion (3.33% of GDP).

Nominal interest, appropriated by competence, reached R$ 18.3 billion in February, compared with R$ 19.7 billion in the previous month. The lower number of working days in the month has contributed to this reduction. The accumulated nominal interest in the year and in twelve months totaled R$ 37.9 billion (5.74% of GDP) and R$ 236.2 billion (5.67% of GDP), respectively, indicating a falling trajectory when compared to the amounts observed in the first quarter of 2011 and in January 2012, in that same order. These reductions were influenced mainly by a falling trajectory in Brazil’s base rate (Selic) and by less variation observed in the major indexes of price, in the respective periods.

The nominal output, which includes the primary surplus and appropriated nominal interest, recorded a deficit of R$ 8.8 billion in February. In the year, the deficit totaled R$ 2.4 billion (0.36% of GDP), compared to R$ 12.7 billion in the same period of 2011. As for earned in 12 months, the nominal deficit also recorded some decrease, reaching R$ 97.6 billion (2.34% of GDP), when compared to R$ 100.1 billion (2.41% of GDP) in the accumulated until January.

The nominal deficit of the month was financed by expansion in securitized debt, R$ 37 billion, partially offset by reductions of R$ 20 billion in other internal sources of funding, including the monetary base; of R$ 5.7 billion in the net bank debt; and of R$ 2.5 billion in the net external financing.

Brazilian public sector primary surplus reached in February the best result for the month since 2001


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