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LatAm Daily | Brazil’s Primary surplus to suggest a tough road lies ahead

Published on Tuesday, June 30, 2015

LatAm Daily | Brazil’s Primary surplus to suggest a tough road lies ahead

Today, the data on public sector accounts in Brazil will be published. We forecast that the government won’t be able to reach the surplus target of 1.1% this year despite a significant fiscal adjustment. In Colombia, the current account balance will be released which should disclose a deficit of 8% of GDP, the biggest figure since 1Q96.

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