Brasília, September 26, 2003 (Agência Brasil - ABR) - The Central Government's target for the primary surplus (revenues less outlays, excluding interest payments) for the January-August period was met with R$ 4.1 billion to spare, according to information furnished on Thursday (25) by the secretary of the National Treasury, Joaquim Levy. R$ 30.5 billion is the target established in the Budget Guidelines Law, and the government attained R$ 34.6 billion, 3.44% of the Gross Domestic Product (GDP).
Levy informed, as well, that in light of the new forecast for GDP growth this year, the nominal target for the primary surplus through December was revised by R$ 1 billion, to R$ 38.2 billion. As a proportion of the GDP, the Central Government's target remains at 2.45%. (DAS)