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World 30 Jan 2021 | 5:53 AM

Brazil sees public sector primary deficit of 9.49 pct of GDP in 2020

BRASILIA, Jan. 29 (Xinhua) -- Brazil's public sector registered a primary deficit of 703 billion reals (128.52 billion U.S. dollars) in 2020, equivalent to 9.49 percent of the country's gross domestic product (GDP) and the seventh year in a row of numbers in the red, the Central Bank of Brazil said on Friday.