The Swedish National Debt Office is raising its forecast for the government’s borrowing requirement. Weaker growth and new support measures mean that public debt is expected to rise rapidly in the coming years.
The Swedish National Debt Office is the agency responsible for the government’s borrowing and the management of the national debt. The agency continuously monitors developments in government finances and assesses how much money the government needs to borrow to cover its expenses. Now, the Swedish National Debt Office is warning that borrowing needs will be greater than previously expected, reports Industry Today (DI).
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