News

2020 central government annual report examined

16 June 2021 klockan 16.46

The Riksdag has examined the Government's written communication on the 2020 central government annual report and the National Audit Office's report on its examination of the annual report. 2020 was characterised by the pandemic and the Government and the Riksdag implemented a large number of measures to combat the spread of COVID-19 and restrict its consequences. The outcome of expenses was SEK 150 billion higher than expected and the outcome of revenues SEK 118 billion less than expected.

The annual report shows a deficit for 2020 of SEK 221 billion. In the budget for 2020, the balance was estimated to be a surplus of SEK 47 billion and the balance thus became SEK 268 billion less than expected. The income statement for 2020 showed a deficit of SEK 100 billion, which is SEK 231 billion lower than in 2019 when it showed a surplus of SEK 113 billion. At the end of the year in 2020, net wealth was negative and amounted to SEK –26 billion, which means that the state had a net debt. This is a decrease of SEK 100 billion compared with 2019 when net wealth amounted to SEK 75 billion.

The central government annual report is a complement to the Budget Bill and provides the Riksdag with an opportunity to follow up and monitor the decisions the Riksdag has taken on the central government budget. The 2020 budget year was characterised by the pandemic, and the Government and the Riksdag implemented a large number of measures in several areas to combat the spread of COVID-19 and restrict its consequences. The outcome of expenses was SEK 150 billion higher than expected in the budget for 2020 and the outcome of revenues SEK 118 billion less than expected. According to the Government, the annual report has been drawn up in accordance with the provisions in the Budget Act and in accordance with generally accepted accounting principles. The Government's assessment is that the annual report and in all essential respects give a true and fair view, and the following its examination, the National Audit Office gives the same assessment.

The Riksdag would like to underline how important it is that the Government ensures that well-functioning methods are used for financial management, planning and follow-up. Furthermore, the Riksdag recalls that it is of central importance that the annual reports of all central government agencies are true and fair to ensure that the Government is able to fulfil its accountability towards the Riksdag.

The Riksdag filed the written communication and the report, that is, it closed the matter.