BRASILIA (Reuters) -Brazil's central government posted a smaller-than-expected primary deficit in May, Treasury data showed on Thursday, supported by strong revenue and a decline in expenditures. The ...
BRASILIA (Reuters) -Brazil's government widened its primary deficit forecast for this year to 32.6 billion reais ($5.9 billion) on Monday, prompting a spending freeze to meet the fiscal target. The ...
The problem for Treasuries is a 3% primary deficit plus 3% interest rate costs exceeds the typical 4.5% GDP expansion. That broadly equates to an ongoing 1.5% increase in the debt/GDP ratio. This ...
The U.S. can stabilize its debt-to-GDP ratio at any level by balancing its primary budget, provided real GDP growth matches real interest rates. Achieving fiscal sustainability is possible through a ...
THE NATIONAL Government’s (NG) budget deficit sharply narrowed in November as expenditures contracted for a fourth month in a ...