On the export front, the fall in international prices of soybeans, oil, and meat was the primary factor contributing to the decrease in Brazilian exports.
The drop in the international price of iron ore and the increase in the price of fertilizers and oil reduced the surplus last month, as per the Ministry of the Economy.
Each year, the Budgetary Guidelines Law (LDO) sets a primary surplus or deficit target that must be met by the federal and local governments, and state-owned companies.
The consolidated public sector encompasses the central government (National Treasury, Central Bank, Social Security), states, municipalities, and state-owned companies (except for Petrobras, Eletrobras, and public banks).
Exports grew 57.5 percent in relation to the same month last year, reaching $ 8.8 billion dollars, while imports fell to $ 1.1 billion dollars, a 15.5 percent drop.
Português 
Español 
