Unexpected 2005 Budget Surplus

According to the National Debt Office, the Swedish government’s budget showed a 1.68 billion dollar surplus last year.

That was instead of an expected 1.25 billion dollar deficit.

Unexpectedly high corporate tax revenues and lower interest payments for government debt were behind the swing. This was the first government budget surplus here since 2002.

Finance Minister Per Nuder says signs are positive for this, an election year.

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