Magdalena Andersson

Today the Government presents the guidelines for economic policy and the Spring Amending Budget with further measures to limit the spread of the virus and alleviate the consequences of the pandemic for the economy and also to work Sweden out of the crisis. The proposals presented in connection with the Spring Fiscal Policy Bill total almost SEK 45 billion. The proposals are based on an agreement between the government parties, the Centre Party and the Liberal Party.

Resilience in the Swedish economy is strong and the recovery will gather strength in the second half of 2021. As activity increases, the labour market will also gain strength. Despite this, the situation remains serious, especially for those whose position in the labour market is weak. This is clear from the Ministry of Finance’s most recent forecast, presented today by Minister for Finance Magdalena Andersson.

As Chair of the International Monetary and Financial Committee (IMFC), the International Monetary Fund’s (IMF) highest advisory body, Ms Anderson will lead meetings and negotiations on the IMF’s upcoming work. She will also take part in the G20 meeting.

Businesses that are unable to operate as a result of a closure decision under the new Pandemic Act will be able to receive financial support to cover their fixed costs during the closure. Up to 100 per cent of the costs will be reimbursed. The proposal is based on an agreement between the Government, the Centre Party and the Liberal Party.

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.

On Monday, January 18, Minister for Finance Magdalena Andersson and Managing Director of the IMF Kristalina Georgieva will hold a joint digital press conference. The press conference will be held on Monday when Magdalena Andersson begins her tenure as chair of the International Monetary and Financial Committee (IMFC), the International Monetary Fund's primary advisory body.

Minister for Finance Magdalena Andersson was today unanimously selected as Chair of the International Monetary and Financial Committee (IMFC), the highest advisory body in the International Monetary Fund (IMF). She will combine the position, which she will take up on 18 January 2021, with her post as Minister for Finance.

The Swedish economy is showing a stronger recovery than expected during the autumn. The labour market situation has also developed more positively compared with previous assessments. The employment rate is expected to be somewhat higher this year and next year compared with the assessment in the Budget Bill for 2021, while unemployment is expected to be lower. However, in the future, activity is expected to be hampered as a consequence of an increased spread of the COVID-19 virus and restrictions. This is clear from the Ministry of Finance’s most recent economic forecast, presented today by Minister for Finance Magdalena Andersson.

Several measures taken to support Swedish jobs and businesses through the crisis will be extended. These include short-term lay-offs, deferral of tax payments, reorientation support and turnover-based support to sole traders. The proposals are based on an agreement between the government parties, the Centre Party and the Liberal Party.

Together we will work Sweden out of the crisis and build a more sustainable society. The Government is presenting the Budget Bill for 2021 to the Riksdag today. The Government proposes a powerful, green restart package for the Swedish economy, but also long-term reforms that will help solve societal problems. The proposals are based on an agreement between the government parties, the Centre Party and the Liberal Party.