Sweden's gov't racks up SEK132bn surplus over 12 months

Jonathan Boyd
clock • 2 min read

Latest figures from the Swedish National Debt Office (Riksgälden), show that the country's central government ran up a surplus of SEK25.2bn in November, taking the surplus over 12 months to SEK132bn (€12.5bn). Higher than expected tax income, and lower net lending to government agencies were among the factors boosting November's monthly surplus figure against previous expectations, the Debt Office stated. Interest payments on central government debt were SEK0.5bn lower than expected, it added. Central government debt stood at SEK1.051trn (€99.8bn) as at the end of November. However...

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Jonathan Boyd
Author spotlight

Jonathan Boyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.