摘要:The discussion over the public debt process has been gaining strength in recent years. Therefore, it is necessary to verify technically the current fiscal situation of the country, as well as to evaluate its evolution. From the economic theory point of view, the classical balanced budget hypothesis was used, with the aid of an econometric approach based on stationarity tests and cointegration of fiscal variables, covering the period from 2000 to 2017, whose results indicate that the public deficit has presented a non-stationary behavior, besides the absence of cointegration between government revenues and expenses.