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
Global economy affecting well-equipped Sweden more and more clearly
Today, Minister for Finance Magdalena Andersson presents the Ministry of Finance’s latest forecast for economic development and the situation in the municipal sector.
Following a couple of years of high growth, the Swedish economy began to slow down last year. Trade conflicts have checked global trade, which is affecting exports of Swedish goods, and uncertainty in the world economy is reducing willingness to invest, both in Sweden and other countries.
Budget Bill for 2020: Reforms for a stronger society
Today the Government presents the Budget Bill for 2020 to the Riksdag. The Government is proposing measures to increase the number of jobs, tackle the challenge of climate change, safeguard welfare throughout the country and address crime and its causes.
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 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.
EU leaders discuss migration, security and defence in Brussels
At the meeting of the European Council on 22–23 June, EU heads of state and government adopted conclusions on security and defence, and the Paris Agreement on climate change. They also agreed to extend the sanctions against Russia but did not succeed in reaching agreement on the reform of the Common European Asylum System. Prime Minister Stefan Löfven represented Sweden.
More older people and children in the coming decade means increased needs for schools, health and social care
Today the Ministry of Finance presents the latest forecast for the economy and public finances, along with an analysis of future demographic needs. By 2025 the number of children and older people in Sweden will have increased significantly, resulting in a greater need for public welfare services. Resources for these services will also increase. The forecast for net lending has been revised sharply upwards both for this year and for the coming years.
The 2017 Spring Budget in five minutes
On 18 April the Government presented its Spring Fiscal Policy Bill and a proposed spring amending budget to the Riksdag. In the Spring Fiscal Policy Bill, the Government presents its economic assessment and the direction of fiscal policy ahead of the budget for 2018. The Spring Fiscal Policy Bill and the proposals in the spring amending budget are based on an agreement between the government parties and the Left Party.
From the Spring Fiscal Policy Bill 2017: Guidelines for economic and budget policy
This section presents the Government's economic and budgetary guidelines in the Spring Fiscal Policy Bill for 2017.
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.