How did it go so wrong, analyst Johan Sandberg at the Swedish National Debt Office?
– In relation to the total revenue and total expenditure of the state finances every month, it is not so strange that there could be such a difference. It can be very large fluctuations from one month to another.
What specifically caused the difference between the outcome and prognosis in March?
– It is mainly that the results contained lower tax revenues and higher net lending to government agencies.
Is it normal like this large difference between forecast and outcome?
– Yes, I would like to say.
Why do you do forecasts at all?
– We make predictions for knowing how to finance us from day to day. Since it is important forecasts for knowing how we organize our loan plans forward. The option to not have any predictions at all would mean that we simply groping in the dark.
What is the forecast for the month of April?
– In April, the forecast is a surplus of 4.2 billion.
But even in April can be understood to be negative from the payment terms?
– Yes, we know nothing about. The possibility exists after all. There is always an uncertainty in the forecasts.
In summary central government payments resulted in a deficit of 1.7 billion in March, according to the National Debt Office. Debt Office’s forecast pointed to a surplus of 6.3 billion.
Tax revenue was 6 billion less than expected, while net lending was 3.1 billion higher than forecast.
During the twelve month period April 2014 to March this year, the budget deficit of 62.2 billion crowns.
When we went into April month amounted Swedish government debt to 1381 billion.
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