Public Sector Debt in September is the largest in the historical series

Amount equivalent to 64.8% GDP; nominal interest added 0.7 point of the index to the debt from August to the month

J.SOUZA/ATO PRESS/ESTADÃO CONTÚDO
The primary deficit added another 0.1 point, and the exchange rate variation added another 0.2 point

The deputy head of the Statistics Department of the Central Bank, said, this Friday (31), that the Public Sector Net Debt (DLSP) reached the highest level in the historical series in September, equivalent to 64.8% of Gross Domestic Product (). “It had already been the peak of the series last month, and now it is 0.6 points above, once again the highest value in the series,” said Baldini, during a press conference on the September fiscal statistics, released in the morning. The DLSP was 64.2% of GDP in August. Nominal interest added 0.7 points of GDP to the debt from August to September.

The primary deficit added another 0.1 point, and the exchange rate variation, another 0.2 point. On the other hand, growth in economic activity dropped 0.4 points. According to Baldini, the level of General Government Gross Debt (DBGG), at 78.1% of GDP in September, according to the BC’s criteria, was the highest since November 2021, when the ratio was 78.2% of GDP.

*With information from Estadão Conteúdo
Published by Fernando Dias

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