Treasury Projects Debt

Tue, Nov 3Public accounts

What happenedTreasury projects debt at 91.5% of GDP in 2036 without surpluses, and 81.1% with a 0.5% surplus.
WhyProjection is based on the movement of public accounts results over 10 years.
Market impactA higher debt can make imports and dollar debt costlier, affecting the real and interest rates.
What to watchInvestors will be watching the impact of potential reforms on the economy and markets.

Ibovespa that day −1.42%Source: Folha de S.Paulo + 1 more outlet

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