Brazil central gov't posts widest-ever fiscal gap for February
BRASILIA, March 29 (Reuters) - Brazil's central government on Tuesday posted a primary budget deficit of 25.07 billion reais ($6.89 billion) in February, the widest-ever gap for that month, as revenues continued to plummet.
In January, the central government recorded a surplus of 14.835 billion reais due to a surge in extraordinary revenues.
The central government account, which covers federal ministries, the central bank and social security, had been expected to post a deficit of 13.8 billion reais, according to the median forecast in a Reuters poll of nine economists. ($1 = 3.6369 Brazilian reais) (Reporting by Marcela Ayres; Writing by Alonso Soto; Editing by Richard Chang)
© Thomson Reuters 2016 All rights reserved.