Elisabeth Svantesson

On 20 February 2025, the Government decided on a new ownership policy for state-owned enterprises. Under the new policy, boards will have even clearer responsibility to develop and manage such enterprises professionally.

Russia’s full-scale war against Ukraine continues with unabated intensity, bringing serious consequences for civilians. Russian propaganda continues to spread the false narrative of a strong and resilient economy. On behalf of the Swedish Government, the Stockholm Institute of Transition Economics (SITE) drafted a report in late 2024 concerning economic developments in Russia. The report highlighted the unreliability of Russian statistics, and that the country’s economy is not performing as well as its statistics suggest. SITE has now published a follow-up report, and Minister for Finance Elisabeth Svantesson has met with Director of SITE Torbjörn Becker to discuss the Russian economy and the report’s conclusions.

The Spring Budget, or the 2025 Spring Fiscal Policy Bill and 2025 Spring Amending Budget, is being presented today. In the Spring Budget, which is based on an agreement between the Government and the Sweden Democrats, the Government is using the strength of the Swedish economy to strengthen economic development and counteract the negative effects of the prevailing economic uncertainty.

In the second half of 2024, the Swedish economy entered into a recovery phase that is expected to continue this year. At the same time, the high level of uncertainty resulting from factors such as increased tariffs is projected to dampen growth in the near future. These are the conclusions of the Ministry of Finance in a new forecast of economic developments.

More than 600 leading Swedish and international companies, investors and decision-makers gathered in Stockholm on 19 February for the Join Sweden Summit, the Government’s international investment conference that set a new attendance record this year. Prime Minister Ulf Kristersson hosted the conference.

On Wednesday 19 February, Prime Minister Ulf Kristersson is hosting the Join Sweden Summit 2025, bringing together more than 600 international and Swedish companies, investors and decision makers. HRH Prince Daniel will open the conference and a number of Government ministers are also participating.

The Swedish economy is in a protracted recession, but recovery is expected to begin in early 2025. Inflation is expected to be around the inflation target going forward. These are the conclusions of the Ministry of Finance in a new economic forecast.

The World Bank Group and IMF member states have selected Sweden’s Minister for Finance, Ms. Elisabeth Svantesson as chair of the joint World Bank Group and IMF Development Committee for a term of two years

Russia’s full-scale war against Ukraine continues with unabated intensity and far-reaching consequences for civilians. At the same time, Russia is spreading propaganda to try and portray the Russian economy as more well-functioning than it actually is. As part of efforts to combat this propaganda, the Swedish Government commissioned the National Institute of Economic Research to analyse economic developments in Russia. Last Wednesday, Minister for Finance Elisabeth Svantesson hosted a seminar in connection with the report’s conclusions.

The Government presented the Budget Bill for 2025 to the Riksdag today. The fight against inflation has been won, and the Government is now shifting the focus of its economic policy: from fighting inflation to investing to build a more prosperous and safer Sweden. The Budget Bill includes reforms totalling SEK 60 billion, excluding military support to Ukraine, and is based on an agreement between the Government and the Sweden Democrats.

The fight against inflation has been won, and the Government is now shifting the focus of its economic policy: from fighting inflation to investing in a more prosperous and safer Sweden. The Government’s Budget Bill for 2025 includes reforms totalling SEK 60 million, excluding military support to Ukraine.

Swedish and Finnish ministers will undertake a number of joint visits on the afternoon of 16 September. Media representatives are welcome to take part in the visits. Contact the relevant press contacts for more information, see below. Note that the list is subject to change.

On 3 September 2024, the Government submitted its communication containing the 2024 report on state-owned enterprises to the Riksdag. The communication is the Government’s annual report on its mandate of managing state-owned companies.

Inflation in Sweden is slightly below the 2 per cent target. At the same time, economic activity is weak. The Swedish economy is in recession, but recovery is around the corner. These are the conclusions of a new economic forecast by the Ministry of Finance. The Government’s efforts to build a stronger Swedish economy continue. According to Minister for Finance Elisabeth Svantesson, reforms in the forthcoming autumn budget are expected to amount to around SEK 60 billion.

Opinion piece by Minister for Finance Elisabeth Svantesson and seven European finance ministers, The Guardian, 24 July 2024.

Inflation in Sweden has decreased and the target is expected to be reached this year. At the same time, the labour market situation has worsened and unemployment has risen. The Swedish economy is expected to remain in recession until 2025, but recovery is approaching. These are the conclusions of the Ministry of Finance in a new economic forecast. The Government’s inflation-focus is now shifting from fighting to monitoring, while Sweden will be built to be more prosperous.

Friday 31 May, Prime Minster Ulf Kristersson hosted a Nordic-Ukrainian Summit in Stockholm. Ukraine’s President Volodymyr Zelenskyy, Finland’s President Alexander Stubb, Denmark’s Prime Minister Mette Frederiksen, Norway’s Prime Minister Jonas Gahr Støre and Iceland’s Prime Minister Bjarni Benediktsson took part.

To further enhance Sweden’s support to Ukraine and provide long-term stability, the Government and the Sweden Democrats have agreed on a three-year framework for military support to Ukraine totalling SEK 75 billion for 2024–2026, which equates to SEK 25 billion a year.

The Government has nominated Sigrún Rawet as Executive Director for the Nordic-Baltic constituency on the World Bank Board of Directors for the period 1 July 2024–30 June 2028.

Today the Government is presenting its 2024 Spring Fiscal Policy Bill and Spring Amending Budget for 2024. Inflation has fallen considerably and is expected to continue to do so, while at the same time unemployment is expected continue to rise. In light of this, the Government is presenting its Spring Amending Budget with measures to navigate us through the recession, safeguard the welfare system and make Sweden a safer, more secure and wealthier country. The Budget is based on an agreement between the Government and the Sweden Democrats.