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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, 14:24:23 UTC.

Briefings

Government Central reported a primary surplus of R$ 4.8 billion in September 2026, reversing a deficit of R$ 14.4 billion in the same month of 2025. This turnaround was driven by a 13.6% increase in net revenue, primarily from oil and gas exports and petroleum revenue, offset by a 2.4% rise in spending. The surplus was achieved after accounting for extraordinary expenses of R$ 9.9 billion directed toward the Middle East conflict, which reduced discretionary spending by R$ 8.4 billion in real terms. The government remains in a primary deficit of R$ 90.2 billion cumulatively through September, compared to R$ 100.3 billion in the same period of 2025.

Key points

• Government Central achieved a primary surplus of R$ 4.8 billion in September 2026, reversing a deficit of R$ 14.4 billion in the same month of 2025.
• The surplus was driven by a 13.6% increase in net revenue from oil and gas exports and petroleum revenue, offset by extraordinary expenses of R$ 9.9 billion directed toward the Middle East conflict.

Context

The September 2026 fiscal report highlights a significant fiscal shift from deficit to surplus, driven by strong oil and gas revenues and targeted spending on Middle East conflict mitigation. This contrasts with the 2025 deficit period and reflects ongoing economic pressures from global commodity prices and regional instability.

Limitations

Data covers only September 2026; cumulative deficit through September 2026 is R$ 90.2 billion versus R$ 100.3 billion in 2025. Specifics on the exact number of beneficiaries affected by the pension increase are not detailed in the source.

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