UPDATE 2-Brazil’s government cuts 2021 budget deficit forecast

Sumary of UPDATE 2-Brazil’s government cuts 2021 budget deficit forecast:

  • Following the government’s decision to extend emergency cash transfers to millions of the country’s poorest and most vulnerable people through October, the Economy Ministry now expects “extraordinary credit” expenditure this year to rise by 25.4 billion reais from May’s estimate to 124.9 billion reais.

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