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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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.
Key acts and ordinances entering into force in mid-2020
This compilation contains a selection of acts and ordinances – both new and amended – that enter into force in mid-2020.
· Information material from Ministry for Foreign Affairs, Ministry of Culture, Ministry of Defence, Ministry of Education and Research, Ministry of Employment, Ministry of Enterprise and Innovation, Ministry of Finance, Ministry of Health and Social Affairs, Ministry of Infrastructure, Ministry of Justice, Ministry of the Environment, Prime Minister's Office
Some signs of recovery in the economy – but situation still very serious
The COVID-19 pandemic has had a serious impact on economic growth, both in Sweden and the rest of the world. GDP growth has been revised downwards compared with the assessment made in the Spring Fiscal Policy Bill. However, recently there have been some signs of recovery, albeit from a very low level and with great uncertainty. This is clear from the Ministry of Finance’s most recent economic forecast, presented today by Minister for Finance Magdalena Andersson.
Swedish Government Offices Yearbook 2019
How many people work at the Government Offices? What was the central government budget like last year? How many acts and ordinances were issued last year? The answer to these and other questions can be found in the Swedish Government Offices Yearbook 2019.
· Information material from Government Offices, Ministry for Foreign Affairs, Ministry of Culture, Ministry of Defence, Ministry of Education and Research, Ministry of Employment, Ministry of Enterprise and Innovation, Ministry of Finance, Ministry of Health and Social Affairs, Ministry of Infrastructure, Ministry of Justice, Ministry of the Environment, Prime Minister's Office
Government introduces temporary responsible gambling measures
The Government has adopted a temporary ordinance on responsible gambling measures targeting forms of gambling with particular risks, such as online casinos and slot machines.
Framework for sovereign green bonds in place
The Government has adopted a framework that will enable an issue of sovereign green bonds. This will be the first time sovereign green bonds have been issued in Sweden. The Swedish framework has been awarded the highest possible environmental grade by the independent reviewer.
The green bond framework
Swedish National Debt Office is instructed by the Government to issue green bonds in 2020 at the latest. The framework differentiates between green bonds and other bonds, and will demonstrate how the proceeds from the bonds are linked to the green expenditures in the central government budget. The framework was presented 5 June 2020.
Sweden’s Convergence Programme 2020
The Stability and Growth Pact is a set of rules for coordinating fiscal policy between EU Member States. The purpose of these rules is to ensure sound public finances. Every April, Member States are to submit stability and convergence programmes. Sweden and other Member States that have not adopted the euro submit convergence programmes, whereas Member States that have adopted the euro submit stability programmes. The programmes are used by the Commission and the Council in their assessment of Member States’ fiscal policies and situations.
New measures to strengthen care of the elderly and health care during the COVID-19 crisis
As a consequence of the COVID-19 pandemic, the Government, the Centre Party and the Liberal Party are today presenting new measures. A boost for care of the elderly is being implemented that means that employees in care of the elderly will be offered paid education and training during working hours. This will lead to more permanent positions.