Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland
Advertisement

Government shows 9.6 billion kronor payments surplus

Share this article

10:18 CEST+02:00
The Swedish central government had a surplus in payments - negative borrowing requirement - of 9.584 billion kronor ($1.37 billion) in August, compared with a 4.928 billion kronor borrowing requirement a year earlier, the Swedish National Debt Office (SNDO) said.

The SNDO latest forecast had expected a borrowing requirement of 0.9.

"The deviation is mainly explained by tax income being approximately 6 billion kronor larger than expected. In addition, the Premium Pension Authority has made a deposit of 4 billion kronor in their account at the Debt Office," said SNDO.

The borrowing requirement for the 12-month period to the end of August was minus 105.5 billion kronor kronor (i.e. a surplus).

Government debt was 1.173 trillion kronor at the end of August.

Get notified about breaking news on The Local

Share this article

Advertisement
Advertisement
Advertisement
Jobs
Click here to start your job search
Advertisement
Advertisement

Popular articles

Advertisement
Advertisement