Central government payments gave a surplus

7 September 2011 - Press release

 

Swedish central government payments resulted in a surplus of SEK 8.8 billion in August, which is SEK 6.3 billion lower than The Debt Offices latest forecast.

 

Tax income was SEK 3.7 billion lower than calculated. Disbursements by central government agencies developed in line with forecast.

 

Interest payments on central government debt were SEK 3.9 billion higher than calculated. When debt in foreign currency is prolonged exchange rate differences occur and these are included in interest payments on central government debt. The turbulence on the currency markets affects interest payments certain months and this occurred in August in connection with rollovers.  

The Debt Office's net lending was SEK 1.5 billion lower than forecasted.

For the twelve-month period up to the end of August 2011, central government payments resulted in a surplus of SEK 32 billion. Central government debt amounted to SEK 1 058 billion at the end of August.

The outcome for September will be published at 9:30 am on 7 October 2011.

 

Further information can be obtained from:
Johan Sandberg, phone +46 8 613 47 37

Table of the net borrowing requirement and central government debt