At riksgalden.se, we use cookies to improve your experience on our website and to collect statistics. We also use cookies for analyzing to improve our website. More about cookies.
Swedish central government finances in January were in balance
Press release 7 February 2018
Swedish central government payments resulted in a balance of SEK 0.0 billion in January. The Debt Office's forecast was a surplus of SEK 2.3 billion. The difference is mainly explained by the fact that the Debt Office's net lending to government agencies was higher than forecast.
The Debt Office’s net lending to government agencies etc. was SEK 3.0 billion higher than expected. This was mainly due to reduced deposits from, among others, the Nuclear Waste Fund and the Swedish Pensions Agency.
Tax income was approximately SEK 6 billion higher than forecast, due to higher supplementary tax payments. This was almost completely offset by higher disbursements from, among others, SIDA, Kammarkollegiet and Försäkringskassan.
Interest payments on central government debt were SEK 0.2 billion lower than calculated.
For the twelve-month period up to the end of January 2018, central government payments resulted in a surplus of SEK 53.1 billion.
Central government debt amounted to SEK 1,250 billion at the end of January.
The outcome for February will be published on 7 March at 9.30 a.m.
Revised forecasts for 2018 and 2019 will be published on 21 February at 9:30 a.m.
Contact
Lina Majtorp, Economist +46 (0)8 613 46 76
Robert Sennerdal, Press Secretary, +46 (0)8 613 47 01
|
1 The net borrowing requirement corresponds to the budget balance with opposite sign. |
|||||
|
2 Sum of monthly forecast deviations since last forecast (October 2017). |
|||||
|
3 Net of the state's primary income and expenditure excluding net lending to agencies. |
|||||
|
4 The net of government agencies etc. deposits and loans in the state’s internal bank. The net lending includes both current government operations and temporary occurrences which can be decided on short notice. The net lending affects the net borrowing requirement and central government debt, but are not covered by the Central government expenditure ceiling. |
|||||
| Outcome Jan. | Forecast Jan. | Deviation Jan. | Acc. Dev2 | Outcome 12-month | |
|---|---|---|---|---|---|
|
Net borrowing requirement |
-30 |
-2 302 |
2 273 |
-31 190 |
-53 125 |
|
Primary borrowing requirement excl. net lending3 |
-2 731 |
-2 165 |
-566 |
-29 269 |
-67 002 |
|
Net lending to agencies etc.4 |
4 040 |
1 047 |
2 993 |
-408 |
2 727 |
|
Interest payments on central government debt |
-1 339 |
-1 185 |
-154 |
-1 513 |
11 151 |
|
- Interest on loans in SEK |
-1 111 |
-1 215 |
104 |
213 |
13 478 |
|
- Interest on loans in foreign currency |
-8 |
-4 |
-4 |
-552 |
-881 |
|
- Realised currency gains and losses |
-220 |
34 |
-254 |
-1 175 |
-1 446 |
More data on the borrowing requirement and government debt
The monthly outcome of the central government net borrowing requirement is included in the official statistics of Sweden.