Budgets and visible commercial balances of European countries 1922-1925

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Monograph

Identifikator:: 1744852030

URN:: urn:nbn:de:zbw-retromon-117951

Document type:: Monograph

Title:: Budgets and visible commercial balances of European countries 1922-1925

Place of publication:: Paris

Publisher:: Reference Service on International Affairs

Year of publication:: 1925

Scope:: 39 S.

Digitisation:: 2021

Collection:: Economics Books

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SWEDEN A. — Budgetary Situation The Swedish budget is never drawn up with either a deficit or a surplus. In the estimates as well as in the budget as finally adopted by the Riksdag (Congress) revenue and expenditure always exactly balance. Actually, how- ever, the end of a budgetary year shows either a surplus or a deficit, but more generally a surplus. The surplus is transferred to the Exchequer Reserve Fund and the balance in this fund has thus far always been sufficient to meet any deficit. As from 1923, it was decided that the fiscal year, which had coincided up to that date with the calendar year, should run from July 1 to June 30. A special six months budget was drawn up for the period from January 1 to June 30, 1923. The following schedule gives the total budget results for the years 1922- 1925 : Year Revenue Expenditure Balance (in crowns) 1922. sin 956,800,000 959,400,000 — 2,600,000 1923/24. ..... 822,700,000 796,800,000 -+ 25,900,000 1924/25..." 674,400,000 674,000,000 = 1925/26... .......... TNN728 815.700 728,818,700 The details of the budget for the year 1925-26 follow : Revenue Expenditure Taxation returns (tax on income and A. — Actual expenditure : capital ; tithes; tax on auto- Royal House es oa ratty 1,836,200 mobiles; excise; customs, etc.).. 494,948,700 Department of i Justice... Abn 12,049,900 Revenue from various state activi- » 4 Po (a : rs ties (pilotage, lighthouse dues, re- » of. Social Welfare Hh $1,046,900 gistration’ Tees, elc.)... vw. ashes 13,369,488 oh ofl Coramunications Li, 5.34700 Revenue from productive state funds: 3 of Finance... ny 43,726,900 Posts, telegraphs, railways, water- Ecclesiastical Department (archives, power, public domain ........ 85,100,000 libraries, museums, universities, Stocks and dividends (tobacco Do a [en ae monopoly): kl it ni, 10,022,500 ns of Arcs nl $2,175,200 Returns from state funds for public Bureau of pensions .............. 38,055,400 PUIDOSER lh a Ly A Seta, 11,219,800 Unforeseen expenses ............. 1,703,622 Parliament and auditing bureau... 4,254,000 Bank of Sweden ................ 15,500,000 Interests on public debt.......... 82,001,200 Additions to capital from state B. — Capital expenditure : railways, loan fund for general State undertakings .............. 29,896,000 building purposes, etc. ......... 48,052,212 Loan fund for public purposes... . 22,350,000 LOANS. ens ...... 50,606,000 Redemption of National Debt...... 8,104,600 Stateliliquor fund), il a i a. 27,900,000 Loans to institutions under Social Department. bio At, 11,710,000 Repayment of casual loans for acquisition of property ......... 7,056,178 Grand fotal.l...l. JL. 0 728,818,700 Grand! total. ...... 0... "728.878 700 References: Riksstat for Budgetiret 1925-1926; Professor Gustav Cassel, “The Swedish Budget” in Quarterly Reporl, issued by the Statistical Department (Swedish), July, 1925, pp. 37-39. =e

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