UPDATE 2-Brazil's government cuts 2021 budget deficit forecast
(Adds Economy Ministry official’s longer-term forecast) BRASILIA, July 22 (Reuters) - Brazil’s government on Thursday cut its 2021 primary budget deficit forecast, based on a bimonthly revenue and expenditure report which showed an expected jump in tax revenues on the back of stronger economic growth. The Economy Ministry now expects a deficit excluding interest payments of 155.4 billion reais ($30 billion) this year, or 1.8% of gross domestic product, down from 187.7 billion reais, or 2.2% of GDP, in May’s report. It raised its 2021 net revenue forecast by 43.1 billion reais to 1.476 t...