Friday, September 28, 2012

Reuters: US Dollar Report: Brazil cbank says sees public debt at 34.8 pct of GDP in 2012

Reuters: US Dollar Report
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Brazil cbank says sees public debt at 34.8 pct of GDP in 2012
Sep 28th 2012, 15:13

BRASILIA, Sept 28 | Fri Sep 28, 2012 11:13am EDT

BRASILIA, Sept 28 (Reuters) - The Brazilian central bank expects the country's public sector debt to equal 34.8 percent of the economy in 2012, the bank's head of research Tulio Maciel said on Friday.

He added that the bank expects the overall budget deficit to equal 1.6 percent of the economy this year, up from a previous estimate of 1.4 percent.

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