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
Some signs of recovery in the economy – but situation still very serious
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.
Economic measures in response to COVID-19
More about the measures taken so far in response to the COVID-19 virus.
Content from Magdalena Andersson
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Sweden to host Stockholm Tax Conference – an international conference on tax capacity-building, 30–31 May
Efficient and effective tax administration is fundamental to the long-term financing of a functioning society, poverty reduction and the achievement of the goals of the 2030 Agenda. Sweden has therefore invited representatives of governments in 160 countries, agencies, international and regional organisations, civil society and the business sector to exchange experiences of tax capacity-building. The Stockholm Tax Conference will be held on 30–31 May.
The 2018 Spring Budget: Building our society – a secure and sustainable Sweden
The Government is today presenting a spring amending budget and guidelines for economic policy, including new economic forecasts. Public finances show a surplus. Sweden’s economy is strong, employment is at record levels and unemployment is falling.
Government submits written communication on new fiscal policy framework
The Government has now submitted a written communication to the Riksdag on the new fiscal policy framework. The Government’s account of how it intends to apply the framework helps to strengthen confidence in developing and reporting on fiscal policy. It improves the conditions for ensuring that fiscal policy has the intended effect.
Continued economic upswing next year
Today the Ministry of Finance is presenting the latest forecast for the economy and public finances. The employment rate and labour force participation have been revised upwards and growth continues to gain strength.
Budget Bill for 2018: Building our society – investing for the future
The Budget Bill for 2018 that was presented to the Riksdag today proposes vigorous reforms so that Sweden’s new economic strength benefits everyone, while the Government is also able to pay off national debt. The Bill is based on an agreement between the government parties and the Left Party.
Sweden in new economic situation
Minister for Finance Magdalena Andersson today presented the Government’s latest economic forecast and the focus of the autumn budget during the Government’s discussions at Harpsund. The Government’s reforms will reduce unemployment next year.
New measures of wellbeing
‘New measures of wellbeing’ is a framework of 15 indicators of economic, environmental and social dimensions of quality of life. The indicators, intended to complement GDP as a measure, will be an instrument for monitoring trends in people’s quality of life and the long-term sustainability of the economy.