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Deficit for Swedish central government in January 2020

Written by Customer Service on . Posted in Public Companies.

Swedish central government payments resulted in a deficit of SEK 3.0 billion in January. The Debt Office’s forecast was a deficit of SEK 2.3 billion. A lower primary balance than expected was offset by lower net lending to government agencies.
The primary balance, the difference between central government income and expenditure, was 3.9 billion lower than expected. Tax income was approximately SEK 1 billion lower than forecasted. In addition, the disbursements by some government agencies such as the Swedish International Cooperation Agency and the Swedish Armed Forces were slightly higher than expected in January.The Debt Office’s net lending to government agencies etc. was SEK 3.2 billion lower than expected. This was mainly due to lower lending to the Swedish Board of Student Finance and higher deposits, from among others, the Swedish Pensions Agency.Interest payments on central government debt were in line with the forecast.For the twelve-month period up to the end of January 2020, central government payments resulted in a surplus of SEK 100.2 billion.Central government debt amounted to SEK 1,092 billion at the end of January.The outcome for February 2020 will be published on 6 March at 9.30 a.m.Revised forecasts for 2020 and 2021 will be published on 18 February at 9:30 a.m.ContactSofia Nilsson, Economist +46 (0)8 613 47 34
Press Secretary, +46 (0)8 613 47 01More data on the borrowing requirement and government debt:https://www.riksgalden.se/en/statistics/statistics-on-central-government-borrowing/The monthly outcome of the central government net borrowing requirement is included in the official statistics of Sweden.AttachmentSweden’s central government debt January 2020

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