The
ratio net public debt to
GDP reached 33,84 % in August 2013 and
come in a downward
trend over the last decade, as we can see in the graphic below. The
Brazilian government is a creditor in foreign currency, and the movements of BRL
depreciation leads to debt reduction, as occurred in 2008 and the start of the
2nd half of 2013.
No comments:
Post a Comment