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Deficit for Swedish central government in October 2020

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Deficit for Swedish central government in October 2020Swedish central government payments resulted in a deficit of SEK 36.0 billion in October. The Debt Office’s forecast was a deficit of SEK 45.6 billion. The deviation is largely due to higher tax income than forecasted.The primary balance was SEK 6.8 billion higher than forecasted. This is mainly due to tax revenues being approximately SEK 8 billion higher than calculated, which in turn is due to higher supplementary tax payments than expected.The Debt Office’s net lending to government agencies etc. were SEK 2.9 billion lower than calculated. This was due to a lower lending to The Swedish Defence Materiel Administration and The Swedish Transport Administration.Interest payments on central government debt were in line with the forecast.For the twelve-month period up to the end of October 2020, central government payments resulted in a deficit of SEK 208.3 billion.Central government debt amounted to SEK 1,238 billion at the end of October.The outcome for November 2020 will be published on 7 December at 9.30 a.m.ContactPress 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.The Debt Office published their latest prognosis on the Swedish economy and central government borrowing on 21 October: Central Government borrowing 2020:3. AttachmentSweden’s central government debt October 2020

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