Primary surplus goal will be met

16/05/2006 - 20h15

Edla Lula
Reporter - Agência Brasil

Brasília - The minister of Planning, Paulo Bernardo, said yesterday (16) that the government will meet the primary surplus goal set for this year at 4.25% of the Gross Domestic Product (GDP). The budget programming decree signed yesterday expands the federal government's participation in the primary surplus to 3.35% of the GDP. The previous target for the federal government, as determined in the Budget Guidelines Law, was 3.15%.

Bernardo affirmed once again that, unlike what has occurred in previous years, this year the government intends to comply strictly with the primary surplus target and not greatly exceed it.

Translation: David Silberstein