Swedish central government budget shows surplus in 2005.
NORDIC BUSINESS REPORT-10 January 2006-Swedish central government budget shows surplus in 2005(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com
The Swedish National Debt Office said on Tuesday (10 January) that the Swedish central government budget showed a surplus of SEK13bn in 2005, an improvement of SEK63bn compared with 2004.
The central government budget was showing a surplus for the first time since 2002, the agency added.
The central government debt increased by SEK52bn, partly due to a depreciation of the krona, and totalled SEK1,309bn at the turn of the year, some 49% of the gross domestic product (GDP).
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
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|Publication:||Nordic Business Report|
|Article Type:||Brief Article|
|Date:||Jan 10, 2006|
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