Denmark’s Government Expects Financing Need to Decline in 2024

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Denmark’s government said it will have a lower financing need next year as the Nordic country’s AAA economy is coming out of the inflation crisis better than feared.

The 2024 net financing need will be a negative 32 billion kroner ($4.7 billion), compared with a negative 14 billion kroner for this year, the finance ministry said in a statement late Wednesday. A negative number means the government has a surplus that doesn’t need to be covered by outside funding.

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