Brazil state-owned firms post R$3.4bn Sept deficit, 2026 total -R$11.4bn

Brazilian state-owned enterprises recorded a R$3.4 billion deficit in September, reversing August's surplus and widening the 2026 accumulated shortfall to R$11.4 billion, per central bank data. The reversal signals deteriorating fiscal health of state firms, which may pressure public finances and investor sentiment. Uncertainty remains over whether this marks a trend or a one-off, but the data underscores fiscal risks ahead of the 2026 budget.

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