Economic policy
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
The 2021 Spring Budget
Photo: Ninni Andersson/Government Offices of Sweden 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.
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.
Content about economic policy
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Budget Bill for 2021: Working Sweden out of the crisis – together
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.
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Turnover-based support to sole traders
In light of the severe financial impact the COVID-19 pandemic has had on many sole traders, the Government is now proposing SEK 3.5 billion to support these companies in 2020. The Budget Bill for 2021 proposes that an additional SEK 1.5 billion be set aside for 2021. It is proposed that the Government’s proposals, which build on an agreement between the government parties, the Centre Party and the Liberal Party, enter into force as soon as possible.
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Restart package for the Swedish economy – more than SEK 100 billion in the budget for 2021
Minister for Finance Magdalena Andersson today presents the Ministry of Finance’s latest economic forecast and the focus of the autumn Budget Bill.
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Deal reached on long-term budget at EU summit
After a marathon summit, the leaders of the 27 EU Member States reached a deal on the long-term EU budget for 2021–2027. Prime Minister Stefan Löfven and his EU colleagues also agreed a post-COVID-19 recovery package.
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EU long-term budget at summit
The EU long-term budget will be the main focus when heads of state and government meet in Brussels for the first time since February. Prime Minister Stefan Löfven and his 26 colleagues will negotiate the EU long-term budget for 2021–2027.
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Recapitalisation of SAS AB
On 30 June, SAS presented a plan for the recapitalisation of the company and a plan to accelerate its climate action, including the halving of emissions by 2030. The Government has the Riksdag’s mandate to participate in the recapitalisation on behalf of the Swedish State during 2020 to an amount not exceeding SEK 5 billion. The Government supports the plan that has now been put forward and the measures necessary for its realisation.
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Video conference on long-term EU budget
On Midsummer’s Eve, Prime Minister Stefan Löfven took part in a video conference of EU heads of state and government. The main topic was the long-term EU budget for 2021–2027 and the proposed recovery package.
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EU’s long-term budget via video conference
On Midsummer’s Eve, Prime Minister Stefan Löfven will take part in a video conference with his fellow EU heads of state and government. The discussion will mainly focus on the EU long-term budget for 2021–2027, but Brexit will also be brought up.
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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.
