Lower deficit than expected in December
(Thomson Reuters ONE) -
Swedish central government payments resulted in a deficit of SEK 79.3 billion in
December. This is SEK 8.1 billion lower than the Debt Offices forecast of SEK
87.5 billion. For the full year 2012 the deficit was SEK 24.9 billion [1], which
can be compared with the Debt Offices forecast of SEK 27.6 billion.
The lower deficit in December is explained by higher tax income of approximately
SEK 4 billion and lower disbursements from a number of state agencies. The
difference in taxes is primarily due to lower refunds of excess tax.
Interest payments on central government debt were SEK 7.3 billion, which was SEK
0.3 billion lower than calculated.
Central government debt was SEK 1,153 billion at the end of 2012. That
corresponds to 32 per cent of GDP.[2]
The outcome for January will be published at 9:30 am on 7 February 2012.
Further information can be obtained from:
Tord Arvidsson, +46 8 613 47 53
[1] The outcome is preliminary and may be revised in connection with the Debt
Office's annual accounts. Please refer to the Debt Office's annual report 2012
for the final annual outcome.
[2} Central government debt as a percentage of GDP is a forecast that will be
revised once the GDP outcome is published by Statistics Sweden.
Table of the net borrowing requirement:
http://hugin.info/133745/R/1669012/542165.pdf
Sweden's Central Government Debt December 2012:
http://hugin.info/133745/R/1669012/542168.pdf
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Riksgälden via Thomson Reuters ONE
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