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The government should R $ 21000000000 deficit


funds of the central government recorded a primary deficit of R $ 21,108 billion in March, the second worst performance for the month series, starting with the 1997 results of the & # 39; combines the accounts of the National Treasury, Social Security and the Central Bank. In March 2018, the result was negative at R $ 24,495 billion.
As noted on the farm as a primary & # 39 is the reform of the national pension system, to be held next year

social security deficit accumulated in March of this year reached R $ 22,5 billion. The government is trying to speed up the reform of the sector

As a result, in March, came a little bit better than the median expectations of the financial market, indicating a deficit of R $ 23.350 billion. The figure last month was within the expected range, the deficit of 30 billion to $ R $ 12.8 billion.

In the first quarter, the main result was a deficit of R $ 9307000000, the best result since 2015. In the same period last year, the same result was negative R $ 12.871 billion.

After 12 months, the central government has a deficit of R 118.600.000.000 $ – equivalent to 1.68% of GDP. This year, the fiscal deficit goal allows to R $ 139 billion in central government accounts.

National Treasury bills – including the Central Bank – registered a primary surplus of R $ 1489000000 in March. In the year, the accumulated primary surplus in the National Treasury bills (with BC) is US $ 42 175 million.

The economy, however, is far from sufficient to cover the deficit in Nisou, which had a deficit of R $ 22.597 billion in the previous month. From January to March, the result was a negative R $ 51.482 billion.

Account only the Central Bank was R $ 52 million in March and R $ 95 million surplus in a year last month.

Revenues and expenses
As a result, in March, the real income of 1.3% compared with the same month last year. Since the costs were a real increase of 1.2%. During the year to March, central government revenues increased by 1.3% compared to the same period in 2018, while expenses in the same comparison basis increased by 1.6%.

Costs depending on the ceiling of expenditure, approved the constitutional amendment 95 increased to 3.3% a year in March compared with the same period in 2018, according to the National Treasury. According to the rule, the government is limiting the growth of expenditure by 9.3% this year.

Notwithstanding the preceding frame to the ceiling of the federal government spending, some of the powers and authorities are outside the boundaries of the individual – all must comply with spending limits. This applies, for example, military justice, whose expenses increased by 9.5% compared to the 7% threshold, and the Ministry of Public Union, which increased by 11.1% compared to 5.5% is permitted.

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