State-owned companies record a deficit of R$1.8 billion in April, says BC

Negative result influenced the reduction of the positive balance of the consolidated public sector in the month

State-owned companies recorded a primary deficit of R$1.8 billion in April 2026, the Central Bank reported this Friday (May 29, 2026). The negative result contributed to reducing the consolidated public sector surplus in the month.

The balance of state-owned companies contrasted with the positive results in the period. The federal government had a surplus of R$26.1 billion, while states and municipalities recorded a positive balance of R$329 million. Read the BC presentation (PDF – 361 kB).

As a result, the consolidated public sector ended April with a primary surplus of R$24.6 billion. In the same month of 2025, the positive balance had been R$14.1 billion.

The primary result considers public sector revenues and expenses, without including debt interest expenses.

Despite the positive balance recorded by the public sector in April, the 12-month accumulated remains negative. The consolidated primary deficit amounts to R$126.6 billion, equivalent to 0.97% of GDP (Gross Domestic Product).

The nominal deficit – which includes interest expenses – reached R$1.22 trillion in 12 months, equivalent to 9.41% of GDP.

The weight of interest continues to put pressure on public accounts. In April, nominal interest expenses totaled R$84.8 billion, above the R$69.7 billion recorded in the same period last year.