Brazil Marks Fiscal Success with March Surplus Turnaround

Brazil’s public sector achieved a dramatic fiscal turnaround in March, recording a primary surplus of R$1.177 billion ($0.23 billion). This came after February’s steep deficit of R$48.692 billion ($9.55 billion). According to the Central Bank, March’s results mark the best fiscal performance since 2022. The primary surplus reflects the difference between government revenue and spending […]