Ministry of Finance
The Ministry of Finance is responsible for issues concerning central government finances, including coordination of the central government budget, forecasts and analyses, tax issues, and management and administration of central government activities. The Ministry is also responsible for matters concerning financial markets, consumer legislation and housing and community planning.
News from Ministry of Finance
Magdalena Andersson takes over as Chair of the primary advisory body of the IMF
Today, Minister for Finance Magdalena Andersson takes over as Chair of the International Monetary and Financial Committee (IMFC), the primary advisory body of the International Monetary Fund (IMF). At a press conference with Managing Director of the IMF Kristalina Georgieva, Magdalena Andersson presented the direction of the IMFC’s work under her leadership as Chair.
Sweden’s carbon tax
Over time, the Swedish carbon tax has increased in importance, contributing to a broad range of environmental and climate objectives. For example, the carbon tax provides incentives to reduce energy consumption, improve energy efficiency and increase the use of renewable energy alternatives.
Content from the Ministry of Finance
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Economic measures in 2020 in response to COVID-19
To mitigate the economic impacts of the COVID-19 pandemic, the Government has presented twelve additional amending budgets to the Riksdag this year in addition to the spring and autumn amending budgets. The budgets contain a broad suite of measures in all sectors of the economy to protect people’s health, lives and livelihoods.
Additional crisis measures for businesses
Several measures taken to support Swedish jobs and businesses through the crisis will be extended. These include short-term lay-offs, deferral of tax payments, reorientation support and turnover-based support to sole traders. The proposals are based on an agreement between the government parties, the Centre Party and the Liberal Party.
Government extends business emergency package, Företagsakuten
On September 24 the Government decided to extend until the end of the year the government credit guarantee programme aimed at supporting small and medium-sized enterprises that have experienced financial difficulties due to the COVID-19 pandemic. The programme was launched in the spring as part of the Government’s measures to support the business sector during the ongoing pandemic and builds on an agreement between the government parties, the Centre Party and the Liberal Party. As a result of this decision, the option for businesses to take part in the credit guarantee programme applies to loans granted until 31 December 2020.
Budget Bill for 2021: Working Sweden out of the crisis – together
Together we will work Sweden out of the crisis and build a more sustainable society. The Government is presenting the Budget Bill for 2021 to the Riksdag today. The Government proposes a powerful, green restart package for the Swedish economy, but also long-term reforms that will help solve societal problems. The proposals are based on an agreement between the government parties, the Centre Party and the Liberal Party.
Green recovery will lift Sweden out of dual crisis
Global warming continues regardless of the COVID-19 pandemic. Climate change will remain the defining issue of our generation. The Government is therefore proposing investments of SEK 9.7 billion in green recovery initiatives in the Budget Bill for 2021. The Government’s proposals are based on an agreement between the government parties, the Centre Party and the Liberal Party.
Restart package for the Swedish economy – more than SEK 100 billion in the budget for 2021
Minister for Finance Magdalena Andersson today presents the Ministry of Finance’s latest economic forecast and the focus of the autumn Budget Bill.
Recapitalisation of SAS AB
On 30 June, SAS presented a plan for the recapitalisation of the company and a plan to accelerate its climate action, including the halving of emissions by 2030. The Government has the Riksdag’s mandate to participate in the recapitalisation on behalf of the Swedish State during 2020 to an amount not exceeding SEK 5 billion. The Government supports the plan that has now been put forward and the measures necessary for its realisation.