Brazil public debt up 0.32% in April

Brazil's so-called Federal Public Debt, which includes both the country's domestic and foreign debts, is reported to have risen in April. The value showed an expansion of 0.32%, going from $990 billion in March to $993 billion in April, according to data released today (May 24) by the Finance Ministry.

The domestic Internal Public Monetary Debt—the part of Brazil's public debt that may be payed in reais—rose 0.30%, from $959 billion to $956 billion.

As for Brazil's external debt, incurred in the international market, an increase of 0.81% was observed from March, and the value closed out April at $37.92 billion. “The change was mostly driven by the depreciation of the real against the main currencies making up the foreign debt,” the report from National Treasury reads.

Translated by Fabrício Ferreira