INSUBCONTINENT EXCLUSIVE:
Federal, state, and municipal state-owned enterprises recorded a deficit of R$9.76 billion ($1.74 billion) adjusted for inflation.This
negative balance marks the largest deficit of the 21st century in less than two years
In 2023, expenses exceeded revenues by R$2.43 billion ($433.93 million)
From January to August 2024, the deficit reached R$7.33 billion ($1.31 billion).The Central Bank of Brazil has been collecting data since
(Photo Internet reproduction)This negative balance reverses part of the R$31.16 billion ($5.56 billion) surplus achieved during Jair
From January to August 2024, state-owned companies at different levels of government showed varying results:State companies: deficit of
R$3.90 billion ($696 million)Federal companies: deficit of R$3.45 billion ($616 million)Municipal companies: surplus of R$21.6 million ($4
million)Finance Minister Fernando Haddad addressed concerns about potential changes in the status of state-owned companies
He clarified that the government aims to reduce federal contributions to companies capable of financial independence, rather than altering
Services provided additional context
Bolsonaro ended his term with the lowest public debt in more than five yearsThe ministry also explained that part of the negative balance is
due to investments made with funds received in previous years.This situation highlights the complex nature of managing state-owned
enterprises and the ongoing challenges faced by the current administration in balancing fiscal responsibility with economic growth.
