Magdalena Andersson

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.

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.

Several of the economic measures presented by the Government, the Centre Party and the Liberal Party to mitigate the impact of the virus outbreak will be reinforced, including reimbursement for the first day of sickness and central government responsibility for businesses’ sick pay costs. In addition, the ceiling for unemployment benefits will be raised from day 101.

The Government, the Centre Party and the Liberal Party today presented an additional measure to mitigate the impact of the virus outbreak on Swedish jobs and businesses. The measure involves reorientation support totalling SEK 39 billion.

The COVID-19 pandemic is a serious threat to people’s lives and health. Serious economic consequences will follow in its wake. In five additional amending budgets, the Government, the Centre Party and the Liberal Party have presented proposals for active measures to limit the spread of the virus and mitigate the economic effects on society. Today, the Government presents the 2020 Spring Fiscal Policy Bill and the Spring Amending Budget for 2020 with additional measures. All of these measures total over SEK 100 billion.

The COVID-19 pandemic is a serious threat to people’s lives and health. Serious economic consequences will follow in its wake. In five additional amending budgets, the Government, the Centre Party and the Liberal Party have presented proposals for active measures to limit the spread of the virus and mitigate the economic effects on society. Today, the Government presents the 2020 Spring Fiscal Policy Bill and the Spring Amending Budget for 2020 with additional measures. All of these measures total over SEK 100 billion.

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 pandemic is having a major impact on the Swedish economy. The focus of the crisis packages already presented has been to get measures in place quickly. Today sees the presentation of improvements to the system for short-term layoffs so that it will be even more impactful.

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.

Minister for Finance Magdalena Andersson presents the new forecast from the Ministry of Finance today.

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.