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
Economic measures in response to COVID-19
More about the measures taken so far in response to the COVID-19 virus.
Further additional funding to municipalities and regions
Many municipalities and regions have been hit hard financially by the ongoing outbreak of COVID-19. The Government, the Centre Party and the Liberal Party therefore intend to propose additional funding totalling SEK 22 billion in the spring amending budget for 2020, which will be presented on 15 April. This additional funding will be provided both as increased general government grants and an increased amount to cover additional health care and social services costs.
Very serious situation for the global economy and the Swedish economy
Minister for Finance Magdalena Andersson presents the new forecast from the Ministry of Finance today.
The virus outbreak has had a serious impact on economic growth, both in Sweden and around the world. This is a combined shock to supply and demand, with knock-on effects between countries. The level of uncertainty in the forecast is very high. This assessment is based on analyses of how different sectors are affected by the measures taken to limit the spread of the virus and how the economy has reacted in previous crises. The global economy, like the Swedish economy, is expected to enter a recession with strongly negative GDP growth in 2020.
Crisis package for jobs and transition
The Government, the Centre Party and the Liberal Party are now presenting further measures to alleviate the impact of the virus outbreak on jobs and the economy in Sweden. The ongoing virus outbreak is having a major impact on the Swedish economy and many people have become, or risk becoming, unemployed. To alleviate the impact on the labour market, a crisis package for jobs and transition is now being presented.
Crisis package for small enterprises in Sweden
The Government is now presenting additional measures to mitigate the economic impact of the COVID-19 virus outbreak. To mitigate the impact on the Swedish economy, a crisis package for businesses and jobs, and several other measures, was presented earlier. To particularly alleviate the impact for small and medium-sized enterprises, a crisis package is now being presented for Swedish entrepreneurs.
State credit guarantees to airlines to mitigate the effects of SARS-CoV-2
The Government proposes that airlines be able to receive credit guarantees in 2020 amounting to a maximum of SEK 5 billion, of which SEK 1.5 billion is intended for SAS. It will also be proposed that the Swedish Export Credit Agency’s credit guarantee framework be expanded to support Swedish export companies and, by extension, the shipping industry.
Crisis package for Swedish businesses and jobs
The Government is now presenting additional measures to mitigate the financial impact of the virus outbreak. The proposals are based on an agreement between the Swedish Social Democratic Party, the Centre Party, the Liberal Party and the Green Party.
Additional amending budget due to the coronavirus
Due to the coronavirus, a proposal for an additional amending budget is being presented today. The proposal is based on an agreement between the Swedish Social Democratic Party, the Centre Party, the Liberal Party and the Green Party.
Content from the Ministry of Finance
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Equal conditions for welfare and service throughout the country
Central government services throughout the country, equal access to quality welfare regardless of where you live, and strong consumer protection. Listen to Minister for Public Administration Ardalan Shekarabi talk about his priorities for this electoral period.
Finance and housing policy for a sustainable society
Minister for Financial Markets and Housing Per Bolund talks about how he wants to tackle his new area of responsibility, housing issues, and how he wants to work for stable financial markets that also help make Sweden more environmentally friendly.
The Government presents the 2019 Spring Budget
Today the Government is presenting a spring amending budget and its guidelines for economic policy. The Spring Fiscal Policy Bill and the proposals in the Spring Amending Budget are based on the January Agreement, the policy agreement between the Swedish Social Democratic Party, the Centre Party, the Liberal Party and the Green Party.
Ministry of Finance economic forecasts
The Ministry of Finance produces and presents economic forecasts throughout the year, for example in the Spring Fiscal Policy Bill in the spring and the Budget Bill in the autumn. Below are key indicator tables for forecasts from November 2018 onwards.
This year’s reform scope is exhausted by the budget decided by Parliament
Minister for Finance Magdalena Andersson will today present the latest forecast for the economy and public finances.
OECD raises gaps in new report
The OECD presents its new report on the Swedish economy today. In the report, the OECD notes that Sweden has a stable economy and strong state finances, but also points to problems with increasing income gaps and the need to reduce gaps in schools to improve school performance.
Invitation to press conference and seminar on new OECD report
On 29 March, the Ministry of Finance will host a press conference and follow-up seminar to present the most recent OECD Economic Survey of Sweden. OECD Secretary-General Angel Gurría, Minister for Finance Magdalena Andersson, Minister for Education Anna Ekström and experts from the OECD and Sweden will take part in the seminar. Ms Andersson and Mr Gurría will hold a press conference before the seminar. The press conference and parts of the seminar will be held in English.
More difficult to charge excessive fund fees
As of 1 January 2020, new requirements will be introduced for fund managers to more clearly report how actively a fund’s assets are managed. The aim is to reduce the incidence of funds marketed as actively managed but which in fact follow a benchmark. This is the Government’s proposal in a bill presented to the Riksdag.