Rio Times · Brazil
Key Facts
—The number Brazil’s federal state-owned companies ran a primary deficit of R$7.8 billion (US$1.54 billion) in the first half of 2026.
—The comparison That is more than these companies lost in any full year since records began in 2002. The previous worst full year was 2024, at R$6.7 billion (US$1.32 billion).
—Including states and cities Adding state and municipal companies takes the six-month shortfall to R$8.9 billion (US$1.75 billion).







