KM Financial Solutions | UPDATE 1-Brazil govt sees $100 bln interest savings, wiping out primary deficit by 2022
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UPDATE 1-Brazil govt sees $100 bln interest savings, wiping out primary deficit by 2022

UPDATE 1-Brazil govt sees $100 bln interest savings, wiping out primary deficit by 2022

The Brazilian government’s
interest payment bill on the national debt could fall by 417
billion reais ($100 billion) over the course of its four-year
term ending in 2022, by which time the primary budget deficit
could also be completely eliminated, a senior Economy Ministry
official said on Thursday.

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