Sweden in surplus...again

Jonathan Boyd
clock • 1 min read

The Swedish National Debt Office (Riksgälden) has announced a central government surplus of SEK112bn (€10.6bn) for 2019, in line with its forecast published in October for a surplus of SEK113bn. The surplus was helped by a repayment of SEK69bn of loans denominated in foreign currency by the Swedish central bank (Sveriges Riksbank) to the Debt Office. Elsewise, the Debt Office noted that income to the government from taxes on wages and consumption grew more slowly than in prevous years. Tax income was some SEK13bn lower than forecast for the October-December period. Central government ...

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Jonathan Boyd
Author spotlight

Jonathan Boyd

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