Public accounts closed June with negative balance, recording deficit in all spheres of government. The consolidated public sector – formed by the federal, state, municipal and state -owned companies – accumulated a primary deficit of R $ 47.091 billion in the last month.
Tax statistics were released on Thursday (31) by the Central Bank (BC). The primary deficit corresponds to the negative result of the difference between expenses and public revenues, disregarding only the payment of interest on public debt.
There was an increase in the deficit of the month compared to June 2024, when public accounts closed with $ 40.873 billion negative. Despite the negative result, in the accumulated of 2025, the public sector recorded a primary surplus of R $ 22.029 billion. In the first half of last year, there was a negative result of $ 43.448 billion, which now, after an improvement of $ 65.5 billion, became positive.
According to the BC, part of this improvement was influenced by the calendar of payment of precatory (debts arising from definitive judgments) of the Federal Government. Last year, payment was anticipated for February, contributing to the deficit of the first six months. This year, the payment of R $ 63 billion is scheduled for the second half.
In this comparison, revenues remained stable, while expenses increased by 1.6%. State companies – except Petrobras and Eletrobras groups – contributed to the increase in the deficit, with a negative result of R $ 2.610 billion in June.
In relation to the R $ 94.851 billion registered in the month in 2024, interest spending was R $ 61.016 billion. The reduction occurred due to the high interest rate of interest (Selic) and debt growth in the period. As a result, the nominal result of public accounts – formed by the primary result and interest spending – also fell, closing at R $ 108.107 billion in June.
Already the Gross Government debt (DBGG) reached R $ 9.388 trillion last month, which corresponds to 76.6% of national GDP. Like the nominal result, national debt is used to outline international comparisons. The amount is taken into account by risk classification agencies when analyzing the indebtedness of a country – an indicator observed by investors.