Economic policy is about ensuring the efficient functioning of the Swedish economy, moderating the ups and downs in the economy and redistributing economic resources between individuals and over time.
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News about economic policy
Sweden well equipped for economic slowdown
Minister for Finance Magdalena Andersson today presented the Ministry of Finance’s latest economic forecast and the focus of the budget during the Government’s discussions at Harpsund.
“For some time now, we have been saying that we see an economic slowdown ahead. It’s clearer now that we are entering this phase. The risks have increased. At the same time, resource utilisation remains higher than normal and the responsible fiscal policy we have pursued over the past few years has created scope to handle this slowdown. Sweden is well equipped,” say Ms Andersson.
The Swedish fiscal policy framework
The fiscal policy framework is an instrument to ensure that fiscal policy is sustainable and transparent in the long term. Certain principles are regulated by law, while others are based on the practice that has gradually developed since the 1990s. In June 2016, a cross-party agreement was concluded on changes to the fiscal policy framework. In April 2018, the Government presented a written communication to the Riksdag containing a cohesive description of the framework.
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Climate and future issues at EU summit
Climate change, the long-term EU budget and the EU’s strategic agenda for the coming institutional cycle were on the agenda when Stefan Löfven and other heads of state or government from EU Member States met in Brussels on 20–21 June. The EU leaders also discussed the EU’s external relations and appointments to several top positions in the EU.
Top positions and future issues at EU summit
The EU’s strategic agenda for the coming institutional cycle, the long-term budget, appointments to several top EU positions and external relations are on the agenda as the heads of state and government meet in Brussels on 20–21 June.
The Government presents 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.
This year’s reform scope is exhausted by the budget decided by Parliament
Minister for Finance Magdalena Andersson will today present the latest forecast for the economy and public finances.
OECD raises gaps in new report
The OECD presents its new report on the Swedish economy today. In the report, the OECD notes that Sweden has a stable economy and strong state finances, but also points to problems with increasing income gaps and the need to reduce gaps in schools to improve school performance.
Invitation to press conference and seminar on new OECD report
On 29 March, the Ministry of Finance will host a press conference and follow-up seminar to present the most recent OECD Economic Survey of Sweden. OECD Secretary-General Angel Gurría, Minister for Finance Magdalena Andersson, Minister for Education Anna Ekström and experts from the OECD and Sweden will take part in the seminar. Ms Andersson and Mr Gurría will hold a press conference before the seminar. The press conference and parts of the seminar will be held in English.