Surplus for Swedish central government in November
(Thomson Reuters ONE) -
Swedish central government payments resulted in a surplus of SEK 21.8 billion in
November. The Debt Office's forecast was a surplus of SEK 14.6 billion. The
difference is mainly explained by higher tax income.
Tax income was approximately SEK 5 billion higher than forecast. At the same
time disbursements from a few state agencies were somewhat lower than estimated.
Central government tax income has been higher than forecast for two consecutive
months. This indicates that tax income for the full year could be higher than
the Debt Office's forecast. However, this will be offset by the fact that
expenditure is also expected to be higher, primarily due to additional
government grants to municipalities as a result of the refugee crisis.
The Debt Office's net lending to government agencies was SEK 1.6 billion higher
than forecast. The deviation is mainly due to lower deposits than calculated.
Interest payments on central government debt were SEK 0.4 billion lower than
forecast.
For the twelve-month period up to the end of November 2015, central government
payments resulted in a deficit of SEK 34.9 billion.
Central government debt amounted to SEK 1,323 billion at the end of November
2015.
The outcome for December will be published on 12 January 2016, at 9:30 a.m.
Contact
Håkan Carlsson, analyst, +46 (0)8 613 47 33
Linda Rudberg, press officer, +46 (0)8 613 45 38
+----------------------------------------------------------------------------+
|Central government net borrowing requirement(1) (SEK million) |
+---------------+------------------------------------------------------------+
| | |
| | Outcome Forecast Deviation Acc. Outcome|
| | November November November Dev.(2) 12-month|
+---------------+------------------------------------------------------------+
|Net borrowing | |
|requirement | -21 772 -14 589 -7 182 -12 274 34 914|
+---------------+------------------------------------------------------------+
|Primary | |
|borrowing | |
|requirement | |
|excl. net | |
|lending(3) | -20 802 -12 442 -8 359 -10 740 3 211|
| | |
|Net lending to | |
|agencies etc. | -386 -1 994 1 608 -509 15 888|
| | |
|Interest | |
|payments on | |
|central | |
|government debt| -584 -153 -431 -1 025 15 815|
+---------------+------------------------------------------------------------+
| - Interest on| |
|loans in SEK | -824 -95 -729 -1 648 5 146|
| | |
| - Interest on| |
|loans in | |
|foreign | |
|currency | -25 15 -40 -51 -634|
| | |
| - Realised | |
|currency gains | |
|and losses | 266 -73 339 674 11 303|
+---------------+------------------------------------------------------------+
(1) The net borrowing requirement corresponds to the budget balance with
opposite sign.
(2) Sum of monthly forecast deviations since the latest forecast (October
2015).
(3) Net of the state's primary expenditure and income excluding
net lending to agencies.
More data on the borrowing requirement and government debt:
https://www.riksgalden.se/en/For-investors/Borrowing-and-the-government-debt/
Sweden's central government debt November 2015:
http://hugin.info/133745/R/1971515/720920.pdf
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Source: Riksgälden via GlobeNewswire
[HUG#1971515]
Unternehmensinformation / Kurzprofil:
Datum: 07.12.2015 - 09:30 Uhr
Sprache: Deutsch
News-ID 437855
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contact information:
Town:
Stockholm
Kategorie:
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