Brazil Treasury secretary sees 81.2% debt to GDP ratio as economy grows

  • 8/18/2021
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BRASILIA, Aug 18 (Reuters) - Brazil’s Special Treasury and Budget Secretary Bruno Funchal said on Wednesday that, with the economy growing, the debt to GDP ratio is projected to stabilize around 81.2%. Speaking to the congressional budget committee, Funchal said 2021 was a tough year, but Brazil’s fiscal situation is evolving positively now. The challenge he said, will be to keep public debt stable as inflation pushes up interest payments. (Reporting by Marcela Ayres Editing by Chris Reese) Our Standards: The Thomson Reuters Trust Principles.

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