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News 2026-09-30 11:58 UTC

Brazil gross debt rises to 82.9% of GDP in August as interest expenses surge

Brazil's gross debt rose to 82.9% of gross domestic product (GDP) in August, central bank data showed on Wednesday, extending an upward trend driven largely by interest costs in Latin America's largest economy.The ratio increased 0.3 percentage point from July, broadly in line with the 83.0% foreca…