Surplus 2008 followed by deficits in 2009-11
Central government finances will deteriorate sharply in the coming years due to the financial crisis and economic downturn, but from a considerably stronger starting position than in the previous economic downturn at the beginning of the decade. Structural net lending, defined as net lending adjusted for non-recurring effects and economic activity levels, will remain strong throughout the forecast period. The deterioration in government finances is primarily a result of the economic downturn and is not therefore considered to be permanent.Read more in our Summery and in Appendix.
For further information:
Patrik Andreasson, Phone +46 8 690 44 56