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Government accounts have surplus of R $ 4.8 billion in September

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 29/10/2026, 18:24:24 UTC.

Briefings

The Government Central reported a primary surplus of R$ 4.8 billion in September 2026, driven by a 13.6% real increase in revenue compared to inflation, primarily from oil and gas exports and petroleum revenue. This was offset by a 2.4% real increase in expenses, with significant spending on emergency measures for the Middle East conflict. The cumulative deficit for the year remained at R$ 90.2 billion, down from R$ 100.3 billion in 2025.

Key points

• The Government Central reported a primary surplus of R$ 4.8 billion in September 2026, a significant shift from the R$ 14.4 billion deficit recorded in the same month of 2025.
• Revenue growth of 13.6% in September 2026 was driven by a 71.9% real increase in petroleum and gas revenues, exceeding inflation.

Context

The finding indicates a temporary fiscal improvement in September 2026, contrasting with the previous year's deficit. The surplus was achieved despite ongoing military spending on the Middle East conflict, which also contributed to the 2.4% real increase in expenses.

Limitations

Data covers only September 2026 and cumulative figures through September 2026. The report does not include data for October 2026, and the specific impact of the 2026 election on spending restrictions remains unverified.

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