Magdalena Andersson

Magdalena Andersson, Minister for Finance

Minister for Finance

Ministry of 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

  • Very serious situation for the global economy and the Swedish economy

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

    The virus outbreak has had a serious impact on economic growth, both in Sweden and around the world. This is a combined shock to supply and demand, with knock-on effects between countries. The level of uncertainty in the forecast is very high. This assessment is based on analyses of how different sectors are affected by the measures taken to limit the spread of the virus and how the economy has reacted in previous crises. The global economy, like the Swedish economy, is expected to enter a recession with strongly negative GDP growth in 2020.

Crisis package for jobs and transition

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 virus outbreak is having a major impact on the Swedish economy and many people have become, or risk becoming, unemployed. To alleviate the impact on the labour market, a crisis package for jobs and transition is now being presented.

Crisis package for small enterprises in Sweden

The Government is now presenting additional measures to mitigate the economic impact of the COVID-19 virus outbreak. To mitigate the impact on the Swedish economy, a crisis package for businesses and jobs, and several other measures, was presented earlier. To particularly alleviate the impact for small and medium-sized enterprises, a crisis package is now being presented for Swedish entrepreneurs.

State credit guarantees to airlines to mitigate the effects of SARS-CoV-2

The Government proposes that airlines be able to receive credit guarantees in 2020 amounting to a maximum of SEK 5 billion, of which SEK 1.5 billion is intended for SAS. It will also be proposed that the Swedish Export Credit Agency’s credit guarantee framework be expanded to support Swedish export companies and, by extension, the shipping industry.

Crisis package for Swedish businesses and jobs

The Government is now presenting additional measures to mitigate the financial impact of the virus outbreak. The proposals are based on an agreement between the Swedish Social Democratic Party, the Centre Party, the Liberal Party and the Green Party.

Additional amending budget due to the coronavirus

Due to the coronavirus, a proposal for an additional amending budget is being presented today. The proposal is based on an 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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