Central government payments gave a surplus in July

Swedish central government payments gave a surplus of SEK 12.5 billion in July. The Debt Office's forecast was a surplus of SEK 4.8 billion. The difference is mainly explained by higher tax revenue. Tax revenue was SEK 5.3 billion higher than calculated. This is mainly explained by higher payments of VAT and customs duties. Interest payments on central government debt were SEK 0.6 billion lower than calculated. This is mainly due to lower interest payments on loans denominated in kronor. For the twelve-month period up to the end of July, central government payments resulted in a deficit of SEK 52 billion. Central government debt amounted to SEK 1,062 billion at the end of July. The outcome for August will be published at 9.30 am on 7 September 2010. Further information can be obtained from: Sofia Olsson, +46 8 613 47 30 [HUG#1436073] Table of central government net borrowing requirement and debt: http://hugin.info/133745/R/1436073/381269.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction for further distribution is prohibited. Source: Riksgälden via Thomson Reuters ONE