Content
Published:
This is an archived release.
Increase in both revenue and expenditure
The Central government fiscal account had a total revenue of NOK 332 billion in the second quarter of 2006. Total expenditure amounted to NOK 186 billion the same period. This corresponds to a 16.4 per cent increase in revenue, and 11 per cent increase in expenditure compared with the second quarter 2005.
The growth in government revenue is mainly due to increased tax revenue. Tax revenue increased from NOK 179.7 billion in the second quarter 2005 to NOK 210.3 billion in the second quarter 2006. Increased operating surplus from extraction of petroleum and higher revenue from interest and dividends also contributed to the increase.
The increase in expenditure is mainly due to growth in the Fiscal account excluding National Insurance Scheme. The increase amounted to NOK 17.0 billion, or 15.8 per cent compared with the same period last year. The program categories that contribute most to the increase are Education, research, church affairs and cultural affairs and Health affairs excluding National Insurance Scheme. National Insurance Scheme, total, shows a modest increase of 2.3 per cent compared with the second quarter 2005.
The central government surplus before transfers to the Government Pension Fund-Global amounted to NOK 146.7 billion second quarter 2006, compared to a surplus of NOK 118.3 billion second quarter 2005.
Contact
-
Bjørn Gran-Henriksen
E-mail: bjorn.gran-henriksen@ssb.no
tel.: (+47) 41 40 20 71
-
June Solås
E-mail: june.solas@ssb.no
tel.: (+47) 98 87 46 76