Brazil central gov't posts 12.3 bln reais primary deficit in Oct

jueves 26 de noviembre de 2015 13:37 GYT
 

BRASILIA Nov 26 (Reuters) - Brazil's central government posted a primary budget deficit of 12.279 billion reais ($3.27 billion) in October, nearly double the gap in the previous month as a crippling recession dragged down revenues, according to Treasury data released on Thursday.

The central government account, which covers federal ministries, the central bank and social security, posted a primary deficit of 6.9 billion reais in September.

It is the sixth straight monthly gap for Brazil, which is expected to post a record deficit this year. ($1 = 3.7537 Brazilian reais) (Reporting by Alonso Soto; Editing by Jeffrey Benkoe)