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21317
Decreased government surplus
statistikk
2007-10-19T10:00:00.000Z
Public sector
en
statsregn, Central government revenue and expenditure, duties (for example duties on documents, inheritance tax, VAT), taxes (for example income tax, capital tax, tax to the central government), national budget, financing needs, central government's deficit and surplus, transfers to municipalities and county authorities, revenue from petroleumCentral government finances , Public sector
false

Central government revenue and expenditure, 2008

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Decreased government surplus

The proposed budget implies a surplus of NOK 265.4 billion before net transfers to the Government Pension Fund - Global. This is a decrease in surplus of NOK 45.4 billion compared to the budget for 2007.

The decreased government surplus in the 2008 budget proposal is caused by increased expenditures. Total expenditures are estimated to NOK 771 billion, an increase of 7.8 per cent compared with the approved budget in 2007. Budgeted revenues amount to NOK 1037 billion, an increase of 1.0 per cent compared with the approved budget in 2007.

The figures show significant increase in expenditures in program areas such as transfers to municipalities and county municipalities, increased payments to pensions and health affairs. However, the increase in health care expenditures is largely explained by technicalities in the central government accounts.( 1 )

The tables Revenues and expenditures by main item and Expenditure by programme have been updated by Statistics Norway. The tables now contain the central government budget proposal for 2008, the approved budget for 2007, and accounting figures for previous years.


(1) Debt financing of hospital investment in building and construction works is proposed as part of health affairs excluding National Insurance Scheme from 2008. For previous years these transactions were entered as financial transactions. Source: Ministry of Finance