The consolidated public sector registered a primary surplus of R$ 38.9 billion in April, informed the Central Bank today (31). In the last 12 months, public accounts show a positive result of R$ 137.4 billion, equivalent to 1.52% of the Gross Domestic Product (GDP, sum of goods and services produced in the country).
The consolidated public sector is composed of the central government (National Treasury, Central Bank and Social Security), states, municipalities and state-owned companies (except Petrobras, Eletrobras and public banks). Of these, only state-owned companies had a deficit of R$ 1.040 billion in April.
The central government had a surplus of BRL 29.638 billion in April, while the result of regional governments in the month was positive by BRL 10.278 billion, according to the BC fiscal statistics report.
In the first four months of the year, the accumulated primary surplus is R$ 148.493 billion. In the same period of 2021, the surplus was R$ 75.841 billion.
The primary result is the one that accounts for public sector revenues and expenditures, excluding interest payments on the public debt. If interest is included in the account, the so-called nominal result, in April a deficit of R$ 41.024 billion was recorded.
The figure is the result of the difference between the primary surplus and the money spent on interest payments by the public sector in April, which reached R$ 79.900 billion.
In the last 12 months ending in April, the nominal deficit was R$ 352.042 billion, or the equivalent of 3.9% of GDP, an increase of 0.75 percentage points in relation to the registered in March.
Public debt
The net public sector debt reached 57.9% of GDP in April (R$ 5.2 trillion). The result was 0.3 percentage point lower than in the previous month. According to the BC, there were gains with the exchange rate devaluation and nominal GDP growth.
The gross debt of the general government (which includes all debts of the federal government, Social Security and state and municipal governments) reached the level of 78.3% of GDP (R$ 7.1 trillion) in April.