The federal government's public accounts closed with a deficit of R$58.4 billion in February. It's the worst brand in history National wealth. These data were issued by the Ministry of Finance on Tuesday 26.
The data is part of the loss provided by Social Security and the National Treasury. Both recorded a deficit of R$21 billion and R$19.6 billion, respectively.
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In January 2024, the Federal Government achieved a positive result of R$79.3 billion. But the scenario was reversed the following month: there was a deficit of R$58.4 billion.
The government of Luiz Inacio Lula da Silva delivered the worst result in February history, despite an increase in revenues.
Public accounts primaries in 2024 will be worse than in 2023
The first two months of 2023 generated a surplus of R$38.2 billion in government accounts. However, in 2024, the accumulated amount for the same period decreased to R$20.9 billion.
The National Treasury announced that the payment of R$30 billion in court orders contributed to February's negative fiscal month.
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Lula's government has reported that it seeks to eliminate the public accounts deficit in 2024. The current administration's preliminary result, in the accumulated 12 months, is a deficit of R$252.9 billion – a figure equivalent to 2.26% of GDP. Product (GDP).
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Gabriel de Souza is an intern at magazine the West In Sao Paulo. Under the supervision of Edilson Salguero
Charlotte Whitmore is a contributor at Mediarunsearch.co.uk, covering a broad range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting and practical information that helps readers stay informed about current events and emerging developments. Her work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism that keeps readers connected to the issues shaping the UK and beyond.