According to the Central Bank, the result was influenced by nominal interest rates, exchange rate appreciation and the primary deficit, while the variation in nominal GDP had a negative effect
A of the General Government rose to 79% of the in November. In October, it was at 78.4%, reported this Tuesday (30) the
The General Government is made up of the federal, state and municipal governments, in addition to the
“This increase was mainly due to appropriated nominal interest (0.7 pp), net debt issues (0.4 pp) and the variation in nominal GDP (-0.4 pp)”, detailed the monetary authority.
The public sector’s net debt reached 65.2% of GDP in November, a result that represents an increase of 0.5 percentage points (pp), taking the month’s GDP as a reference.
“This result reflected the impacts of the appropriate nominal interest (0.7 pp), the exchange rate appreciation of 0.9% in the month (0.1 pp), the primary deficit (0.1 pp), the effect of the variation in nominal GDP (-0.4 pp), and other adjustments to the net external debt (-0.1 pp)”, explained the Central Bank.
*With Agência Brasil
