The Swedish central government cash flow resulted in a surplus of SEK 0.9 billion. This is SEK 0.2 billion lower than projected. Tax incomes were approximately SEK 1.2 billion lower than expected. This means that the higher tax incomes in October were a shift of payments from November to October. The Debt Office's net lending to government agencies and state-owned companies were approximately SEK 0.8 billion lower than expected.
Interest payments on the central government debt were SEK 1.0 billion higher than expected. This is mainly due to higher interest payments in foreign currency.
For the twelve-month period ending November 30, the borrowing requirement amounted to SEK 50.8 billion. The central government debt amounted to SEK 1,237 billion at the end of November 2004.
The outcome of central government borrowing requirement for December and for the entire 2004 will be published on January 10, 2005, at 9.30 a.m. A revised forecast for 2005 will be published on February 23, 2005, at 9.30 a.m.
For additional information, please contact:
Sofia Olsson, tel. +46 8 613 47 47
