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Brazil’s govt forecasts 2023 primary deficit of $12 billion By Reuters

© Reuters. FILE PHOTO: A view of the main entrance of the Ministry of Finance in Rio de Janeiro, Brazil September 13, 2019. REUTERS/Sergio Moraes

BRASILIA (Reuters) – Brazil’s Economy Ministry predicted a 2023 primary budget deficit of 63.7 billion reais ($12.25 billion) in a proposal sent to Congress on Wednesday, close to the 65.9 billion reais deficit officially set as the government’s fiscal target for next year.

($1 = 5.1981 reais)

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