Central government financing requirement for 2020
The Economic Survey, May 2020, will be published May 26th.
The estimates of the central government net financing and financing requirement for 2020 can be found in table 1 below. The financing requirement has been revised to DKK 294 bn., which is an increase of approximatively DKK 207 bn. compared to the estimate in The Economic Survey, December 2019. The increase is primarily due to the Covid-19 epidemic and the related economic support measures as well as lower tax receipts due to the expected economic downturn.
The financing requirement is met by debt issuance or by drawing on the central governments account at Danmarks Nationalbank. The financing strategy is published by Danmarks Nationalbank on the website of the government debt management office.