Deficit for Swedish central government in March
(Thomson Reuters ONE) -
Swedish central government payments resulted in a deficit of SEK 9.1 billion in
March. The Debt Office's forecast was a surplus of SEK 7.4 billion. The
difference is due to both lower tax income and larger disbursements than
calculated.
Tax income was approximately SEK 13 billion lower than forecast. This is mainly
explained by lower supplementary tax payments and higher tax reimbursements. The
Debt Office's assessment is that the deviation mainly consists of shifts in
payments between months. Other tax types developed in line with the forecast.
Disbursements from Sida were SEK 4 billion higher than expected. Furthermore
disbursements from Kammarkollegiet were SEK 3 billion higher than forecast. In
both cases it is, to a large extent, advance payments of disbursements that were
in the forecast for April.
The Debt Office's net lending to government agencies was SEK 0.4 billion lower
than calculated.
Interest payments on central government debt were SEK 1.2 billion lower than
calculated. This is mainly due to larger premiums and lower exchange losses than
calculated.
For the twelve-month period up to the end of March 2017, central government
payments resulted in a surplus of SEK 56.8 billion.
Central government debt amounted to SEK 1,332 billion at the end of March.
The outcome for April will be published on 8 May at 9.30 a.m.
Contact
Håkan Carlsson, Senior Analyst +46 (0)8 613 47 33
Robert Sennerdal, Press Secretary, +46 (0)8 613 46 94
+------------------------------------------------------------------------------+
|Central government net borrowing requirement(1) (SEK million) |
+----------------+-------------------------------------------------------------+
| | Outcome Forecast Deviation Acc. Outcome 12-|
| | Mar. Mar. Mar. Dev(2) month|
| | |
|Net borrowing | 9 111 -7 365 16 476 21 743 -56 762|
|requirement | |
| | |
|Primary | |
|borrowing | |
|requirement | 8 870 -9 265 18 134 20 053 -74 719|
|excl. net | |
|lending(3) | |
| | |
|Net lending to | -4 153 -3 705 -449 2 202 10 782|
|agencies etc. | |
| | |
|Interest | |
|payments on | 4 394 5 604 -1 210 -512 7 174|
|central | |
|government debt | |
+----------------+-------------------------------------------------------------+
| - Interest on | 3 106 4 130 -1 024 -519 8 711|
|loans in SEK | |
| | |
| - Interest on | |
|loans in foreign| 13 -56 69 107 282|
|currency | |
| | |
| - Realised | |
|currency gains | 1 275 1 530 -255 -100 -1 818|
|and losses | |
+----------------+-------------------------------------------------------------+
(1) The net borrowing requirement corresponds to the budget balance with
opposite sign.
(2) Sum of monthly forecast deviations since the latest forecast (February
2017).
(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/
The monthly outcome of the central government net borrowing requirement is
included in the official statistics of Sweden.
Central Government Debt Mar 2017:
http://hugin.info/133745/R/2094446/791961.pdf
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Source: Riksgälden via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 07.04.2017 - 09:30 Uhr
Sprache: Deutsch
News-ID 535142
Anzahl Zeichen: 5780
contact information:
Town:
Stockholm
Kategorie:
Business News
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"Deficit for Swedish central government in March"
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