As posted in the Mansueto's Blog, Brazil Government are deferring BRL 128 billions expenses in order to inflate "primary outcome", using what is called in the tax accounting of "outstanding commitments" (amounts to be paid).
This amount doesn't appear in the primary outcome neither in the net debt.
Besides the old tricks already known, like the operation of the capitalization of Petrobras (BRL 30 billions) and antecipating dividends receivement, there is now this big one.
So, who dare to say what are the really amount of Brazil's Debt? What are the primary outcome amount?
Efeitos no Brasil do cenário financeiro nos EUA
3 weeks ago
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