The collection performance of the federal revenues continued to rise in March. The total collected in the month reached U.S. $ 82.3 billion, representing a real increase of 10.26% based on the IPCA, and a cumulative of 7.32%.

During January, February and March, the total amount collected was 256.8 billion, which represented a nominal increase of 13.55% and a cumulative of 7.32%, compared to R $ 240.1 billion in the first three months of 2011.

Annual Prediction – Despite the results, the Assistant Secretary of the Federal Revenue, Zayda Manatta, preferred to stay within the government’s official prediction of a yearly growth of 4 and 5%, with emphasis on the average rate of 4.5%.

This prediction, as every year, may be reviewed by the federal Revenue in May, “after a new evaluation of the macroeconomic factors, changes in legislation and exemptions promoted by the government,” said Zayda.

Administered Revenues – Revenues administered by the Federal Revenue Secretariat of Brazil-RFB also maintained an increasing trend, reaching R$ 80.4 billion, representing a real growth of 10.18% based on the IPCA, compared to March 2011 and a cumulative of 6.68%. The total collected in the first three months of the year reached R$ 247.6 billion, representing a nominal increase of 12.88%.

Financial Area -. The financial area adjustment statement increased by 65.50%, against 25.09 to the others, and the monthly estimates is 55.30%, while the others showed a negative rate of 10.42%.

Flávio Antonio Araujo
Correspondent

Nilton Tadeu Nogueira
Dirin/Corin/RFB