Public accounts have a surplus of R$ 11 billion in September, the best result in 12 years

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The central government’s accounts had a surplus of R$ 10.95 billion in the month of September, informed the National Treasury this Thursday (27). The data is the best for the month since 2010, when the balance was R$ 52.9 billion, in values ​​adjusted for inflation.

The positive result shows that the government raised more than it spent last month. The data includes the National Treasury, Social Security and Central Bank accounts.

Last month’s performance was helped by a receipt of R$ 12.6 billion in dividends from Petrobras, but there was also an increase in revenue from royalties and income tax collection.

As a result, the government recorded a surplus of R$ 33.8 billion for the year. In this comparison, the balance is the best for the period since 2013, already considering the effects of inflation.

The official projection of the Ministry of Economy, updated on September 22, indicates that the central government accounts will have, for the first time since 2013, a positive balance at the end of 2022.

The current estimate is a positive result of R$ 13.6 billion, but government officials estimate that this number could be even higher, closer to R$ 40 billion.

The data is much better than the deficit of up to R$ 170.5 billion authorized by the LDO (Budget Guidelines Law) this year.

Last year, the consolidated public sector had a positive result, but driven by the performance of states and municipalities.

This year, the federal government’s collection has performed well above that recorded in 2021, which helps to improve the accounts.

In September, the Federal Revenue recorded a collection of R$ 166.3 billion, which represents a record for the month. Despite this, the pace of real growth (excluding inflation) slowed to 4.07% compared to September last year. In previous months, this rate had been above 7%, reaching double digits in some periods.

The data released by the Treasury this Tuesday also show a significant advance in total government revenue.

In all, net revenue, excluding transfers to states and municipalities, had a real growth of 6.4% in September compared to the same month of 2021, while expenses fell by 1.1%, already discounting inflation.

Year-to-date, net revenue increased 12.4%, while expenditure rose 2.2%, always in real terms.

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