July 30, 2020 / 1:52 PM / 12 days ago

Brazil posts record 194.7 bln reais central govt primary deficit in June -Treasury

BRASILIA, July 30 (Reuters) - Brazil’s central government reported a primary budget deficit of 194.7 billion reais ($37.6 billion) in June, the Treasury said on Thursday, a record amount as the coronavirus crisis continued to depress tax revenues and fuel heavy emergency spending.

It was more than the 160 billion reais deficit economists in a Reuters poll had predicted, and took the shortfall excluding interest payments in the first half of the year to 417.2 billion reais, Treasury said, compared with a 29.3 billion reais deficit a year ago.

$1 = 5.18 reais Reporting by Jamie McGeever Editing by Chris Reese

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