The central government of Brazil reported a primary budget surplus of 3,872 million reais (680 million dollars) in November, said the Treasury, well above expectations by analysts consulted by Reuters, who on average forecast a positive result of 1,100 million reais.
That was the largest budget surplus in November since 2013, when the government registered one that today would reach 45.559 million reais when adjusted for inflation.
Income during the period rose 4.4% with respect to the same month of the previous year to 130,863 million reais.
That figure was driven by a significant increase in taxes on income and credit transactions.
Meanwhile, central government spending fell 12.7% to 126.991 million reais, thanks in large part to a decrease in costs associated with treating the Covid-19 pandemic.