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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.422-4.2%Jan 29 3:59 PM EST
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To: Steve Fancy who wrote (1470)4/6/1998 6:19:00 PM
From: Steve Fancy  Read Replies (1) of 22640
 
Brazil posts federal budget surplus in January

Reuters, Monday, April 06, 1998 at 17:22

BRASILIA, April 6 (Reuters) - Brazil's federal government
posted a primary budget surplus of 629.9 million reais in
January, equivalent to 0.9 percent of gross domestic product,
the National Treasury said Monday.
That compares with a January 1997 deficit of 986.4 million
reais, equivalent to 1.5 percent of GDP, the treasury said in a
statement.

Copyright 1998, Reuters News Service
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