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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

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
Geographic Code:4EUSW
Date:Jan 10, 2006
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