Sweden: Selected Issues

Publication Date:

September 15, 2005

Electronic Access:

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Summary:

This Selected Issues paper for Sweden reports that the gradual introduction of a detailed fiscal framework accompanied the successful consolidation effort over the last decade in Sweden. The framework includes a surplus target of 2 percent of GDP for the general government, multiyear expenditure ceilings for central government, and a balanced budget requirement for local governments. Reliance on the expertise of an independent agency for the implementation of the fiscal framework could further enhance transparency and strengthen enforcement.

Series:

Country Report No. 2005/344

Subject:

English

Publication Date:

September 15, 2005

ISBN/ISSN:

9781451948707/1934-7685

Stock No:

1SWEEA2005002

Pages:

59

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