Brazilian gov't posts 14 bln dollars surplus in 1st half

15:28, July 29, 2010      

Email | Print | Subscribe | Comments | Forum 

The Brazilian government posted a primary surplus of 24.8 billion reais (14 billion U.S. dollars) in the first half of 2010, up 34 percent from the same period last year, the Treasury Department said Wednesday.

The amount is equivalent to 1.46 percent of the Brazilian gross domestic product (GDP), compared to a surplus of 1.24 percent of GDP in the same period of 2009.

The Treasury Department accumulated a primary surplus of 47.7 billion reais in the first half of 2010, a year-on-year increase of 9.25 percent.

The Social Security System, on the other hand, registered a primary deficit of 22.5 billion reais, up 6.1 percent year on year.

The Central Bank also posted a deficit of 285 million reais, up 8.1 percent from the same period in 2009.

The primary budget of the Brazilian government in June registered a surplus of 631.5 million reais after posting a deficit of 517.9 million reais last month. (1 U.S. dollar = 1.7693 reais)

Source: Xinhua

(Editor:祁澍文)

  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Staff members watch a screen showing the blast-off of the Long March-2FT1 carrier rocket loaded with Tiangong-1 unmanned space lab module at Beijing Aerospace Control Center, Sept. 29, 2011. Commander-in-chief of China's manned space program Chang Wanquan announced Thursday night that the launch of Tiangong-1 space lab module was successful. (Xinhua/Wang Shen)
  • Chinese President Hu Jintao watches the launch of Tiangong-1 space lab module at Beijing Aerospace Control Center in Beijing, capital of China, Sept. 29, 2011. Other members of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, including Wu Bangguo, Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang and Zhou Yongkang, are also present. (Xinhua/Rao Aimin)
  • The graphics shows the launch procedures of the carrier rocket of Tiangong-1 space lab module, Long March-2FT1 on Sept. 29, 2011. (Xinhua/Lu Zhe)
  • Image taken from Beijing Aerospace Control Center shows a Long March-2FT1 carrier rocket loaded with Tiangong-1 unmanned space lab module blasting off from the launch pad at the Jiuquan Satellite Launch Center in northwest China's Gansu Province, Sept. 29, 2011. (Xinhua)
  • On Sept. 28, tourists travel around the Mingshashan Scenic Area in Dunhuang, Gansu province by camel. With the National Day vacation right around the corner, more and more tourists from home and abroad are going to Dunhuang. Riding on a camel, they travel in the desert to enjoy the cities rare form of natural scenery. (Xinhua/Zhang Weixian)
  • Chinese forest armed forces work together with forest firefighters on Sept. 28. (Xinhua/Chai Liren)
Hot Forum Discussion