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
Global economy affecting well-equipped Sweden more and more clearly
Today, Minister for Finance Magdalena Andersson presents the Ministry of Finance’s latest forecast for economic development and the situation in the municipal sector.
Following a couple of years of high growth, the Swedish economy began to slow down last year. Trade conflicts have checked global trade, which is affecting exports of Swedish goods, and uncertainty in the world economy is reducing willingness to invest, both in Sweden and other countries.
Guidelines for central government debt management in 2020
Today the Government adopted guidelines for the Debt Office’s management of the central government debt. The foreign currency exposure of the central government debt is to be unchanged pending the Debt Office’s analysis of the strategic foreign currency exposure of the central government debt.
Content from the Ministry of Finance
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Implementation of Riksdag decision on central government budget for 2019
Following the Riksdag’s adoption of the joint reservation from the Moderate Party and the Christian Democrats, the Riksdag has decided on appropriations in the 27 expenditure areas. This means that the Riksdag has concluded its processing of the central government budget for 2019. The caretaker government will now implement the decisions taken by the Riksdag.
The budget process and the fiscal policy framework
Below you can read about the central government budget process, the fiscal policy framework and how policy objectives and ideas are put into action through the Government’s various budget proposals.
Transitional solution for continued access to investment services following Brexit
Under a proposal referred by the Ministry of Finance today, the Swedish Government should be able to issue regulations prescribing that companies domiciled outside the EEA can be exempted – for a certain period of time – from the requirement to hold a licence from Finansinspektionen (the Swedish Financial Supervisory Authority) to provide investment services.
Guidelines for central government debt management 2019
Today the Government adopted guidelines for the management of the central government debt. The maturity steering of the nominal and inflation-linked krona debt are merged. As a result, the maturity interval of the krona debt is changed to between 4 and 6.5 years. The steering of the composition of the debt is left unchanged.
The Budget for 2019 in five minutes
As no new government has taken office, the caretaker government presented the Budget Bill for 2019 to the Riksdag on 15 November. Because of the limited powers of a caretaker government, the budget submitted is based on previous Riksdag decisions and can be adjusted when a new government is formed.
Caretaker government presents Budget Bill for 2019
Because no new government has taken office, the caretaker government is presenting the Budget Bill for 2019 to the Riksdag today. A caretaker government has limited powers. The budget being presented is based on previous decisions by the Riksdag and leaves scope for adjustments when a new government is formed. The budget also contains a proposal, supported by broad consensus in the Riksdag, that cannot be implemented in the ongoing fiscal year. This is a proposal to reduce the difference in taxation between pensioners and wage earners that was previously circulated for comment.
Principles for a caretaker government’s Budget Bill
Sweden is being governed by a caretaker government. Under Swedish law, a Budget Bill must be submitted by 15 November. Unless a new government takes office soon, the caretaker government will submit a Budget Bill. The Government will outline the principles that guide work on the Budget Bill at a press seminar today.