Budget Outlook, August 2004

Based on the short term forecast for the Danish economy, cf. Economic Survey, August 2004, the central government budget proposal and the agreements with local governments on the economy for 2005, both the central government current, investment and lending account, i.e. the CIL-account, and the general government finances is expected to show surpluses in 2005.

The world economy is in progress, and the expected upturn in the Danish economy is reflected in higher employment and decreasing unemployment, cf. Economic Survey , August 2004.

Read Budget Outlook, August 2004