Published on Monday, February 29, 2016 | Updated on Monday, February 29, 2016
LatAm Daily | Insufficient fiscal surplus in Brazil in January
Summary
The primary surplus was mainly due to one-off revenues, although not enough to guarantee an improvement in the total fiscal result, as interest payments continued to grow. The minutes of the last Monetary Policy meeting in Chile revealed options that included a pause or an increase of 25 bp influenced by increased global volatility.
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Authors
ED
Enestor Dos Santos
BBVA Research - Principal Economist
HP
Hugo Perea
BBVA Research - Chief Economist
CP
Cecilia Posadas
BBVA Research - Principal Economist
JS
Jorge Selaive
CS
Carlos Serrano
BBVA Research - Chief Economist
JT
Juana Téllez
BBVA Research - Chief Economist