Minister for Finance
“Creating growth in a way that is socially and ecologically sustainable and fairly distributed is one of the crucial issues of our time. It is also an issue where Sweden has good prospects of being at the forefront.”
News from Magdalena Andersson
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.
Content from Magdalena Andersson
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Smaller EU budget and Sweden’s contribution must be kept down – the Government’s general priorities ahead of the upcoming EU budget negotiations
The EU’s new budget must be smaller than the current one and Sweden’s contribution must be kept down. Money should go to common areas such as migration and security rather than to agricultural aid, and payments to Member States must be subject to the condition that joint decisions in the area of migration are followed. This is the Government’s position ahead of the upcoming EU budget negotiations that was presented by Prime Minister Stefan Löfven and Minister for Finance Magdalena Andersson today.
Government proposes strengthening Riksbank’s financial independence
The Ministry of Finance today submitted a proposal that would strengthen the financial independence of the Riksbank by setting down in law a targeted level for its capital. The proposal also contains rules on how the Riksbank is to be recapitalised and how dividends to the State may be paid. In addition, it clarifies that borrowing in advance for the foreign exchange reserve may only be done if there are exceptional grounds. This proposal is in line with the Committee on Finance’s report from June 2016 which had the support of all parties represented in the Riksdag.
Sweden praised in new OECD report
OECD Secretary-General Mr Angel Gurría has today presented their report on Sweden’s economic situation. This time a special focus is on equality and gender equality. The OECD also expresses clear support for the Government’s fiscal policy. The report is part of the OECD’s regular review of the economies of its member countries.
Prime Minister Stefan Löfven attends World Economic Forum in Davos
Prime Minister Stefan Löfven will take part in the World Economic Forum Annual Meeting in Davos on 17–18 January. This year's theme is Responsive and Responsible Leadership and in his meetings Mr Löfven will highlight the importance of greater equality and reduced economic disparities in the wake of globalisation.
Swedish economy still strong
Sweden demonstrates continued economic strength, with positive and stable growth, reduced unemployment and substantially strengthened public finances with a surplus also this year. This is the message from Minister for Finance Magdalena Andersson as she presents the Ministry of Finance’s latest economic and public finances forecast today.
Speech by Minister for Finance Magdalena Andersson at the Policy Networks conference" "Beyond Brexit: Can the EU-27 re-engineer growth?".
London, 24 October 2016. Check against delivery.
Speech by Minister for Finance Magdalena Andersson at "Finanz im Dialog" in Vienna
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Sweden has a feminist government that is working to achieve gender equality at all levels of society. Gender equality in the budget process is of central importance in realising feminist policies. As far as possible, the budget is to promote gender equality so that all people, regardless of gender, can live a gender-equal life.
IMF review of the economic situation in Sweden completed
A team from the International Monetary Fund (IMF) visited Sweden in autumn 2016 to conduct its annual review, or Article IV consultation, of the economic situation in Sweden and has now published its results. A complete report will be discussed by the IMF board in November 2016 and subsequently published.