The
Central Bank forecasts that federal gross debt may reach 70.7% of GDP in
2016, even if the government achieves the primary-surplus target of
0.5% of GDP set for next year. Under an alternative projection, which
uses a market forecast of a primary deficit of 1% of GDP in 2016, the
gross debt would amount to 71.5% of GDP. The Central Bank\'s estimates
take into account a relatively optimistic scenario for GDP performance,
with a 1.9% economic contraction in 2016, according to its Inflation
Report. Private-sector economists expect the output to contract 2.8% in
the period. Gross debt reached 65.1% of GDP in November, or R$3.84
trillion, according to Central Bank data, compared with 57.2% in
December 2014.
Dec 29, 2015 at 9:30 PM
valor.com.br
Tuesday, December 29, 2015
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