LatAm Daily | Brazil’s Primary surplus to suggest a tough road lies ahead
Published on Tuesday, June 30, 2015
LatAm Daily | Brazil’s Primary surplus to suggest a tough road lies ahead
Summary
Today, the data on public sector accounts in Brazil will be published. We forecast that the government won’t be able to reach the surplus target of 1.1% this year despite a significant fiscal adjustment. In Colombia, the current account balance will be released which should disclose a deficit of 8% of GDP, the biggest figure since 1Q96.
Geographies
- Geography Tags
- Latin America
- Colombia
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Cecilia Posadas
BBVA Research - Principal Economist
Enestor Dos Santos
BBVA Research - Principal Economist
Jorge Selaive
Juana Téllez
BBVA Research - Chief Economist
Carlos Serrano
BBVA Research - Chief Economist
Hugo Perea
BBVA Research - Chief Economist
Alejandro Faci
Documents and files
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