🇧🇷🤡📈💸 — Brazil's consolidated public sector—which includes the federal government, states, municipalities, and state-owned enterprises—recorded a deficit of R$ 1.128 trillion over the 12 months leading up to July. This nominal deficit is the largest recorded in the historical series that began in 2001

💥 The deficit amounts to 10.02% of Brazil's Gross Domestic Product (GDP), considering the 12-month period up to July. The consolidated public sector spent R$ 869.8 billion on debt interest, accounting for 77.1% of the nominal deficit.

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