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 is set to achieve a primary deficit of 20 billion reais ($3.3 billion) this year, narrower than the maximum shortfall permitted under its fiscal rules, Treasury secretary ...
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. federal debt held by the public reached 98% at the end of fiscal year 2024 and is expected to rise to over 100% by the end of fiscal year 2025 (fiscal year ends Sept 30). With the US ...