Ministry of Finance

Today, the Government, together with the Social Democratic Party, the Sweden Democrats, the Left Party, the Centre Party and the Green Party, presents an agreement to enable a historic expansion of Sweden’s defence to meet NATO’s new defence spending targets – expected to be 3.5 per cent of GDP – and that this expansion will be achieved rapidly through temporary financing via loans. This is a historic show of strength. If NATO were to agree on an additional target of 1.5 per cent of GDP for broader defence and security-related investments, the parties are in agreement that Sweden should also meet that target.

The Government is required to submit a central government annual report to the Riksdag every year no later than 15 April in the year following the financial year. This is a summary of the report in English.

Sweden faces considerable problems with volatile electricity prices for households and businesses and imbalances in the electricity system. To deal with this, the fossil-free base load needs to be expanded. In March 2025, the Government adopted the Financing and risk sharing in new nuclear power Government Bill, which included proposals for state aid to companies that want to invest in nuclear reactors. The Riksdag has now decided to adopt the Government’s proposal.

Today, in conjunction with the European Commission reviewing the EU public procurement directives, Minister for Public Administration Erik Slottner conveyed Sweden’s preliminary positions to the commissioner responsible for public procurement issues.

On 20 February 2025, the Government decided on a new ownership policy for state-owned enterprises. Under the new policy, boards will have even clearer responsibility to develop and manage such enterprises professionally.

The Swedish Government adopted the policy below for state-owned enterprises on 20 February 2025. This policy replaces the previous state ownership policy adopted on 27 February 2020.

Russia’s full-scale war against Ukraine continues with unabated intensity, bringing serious consequences for civilians. Russian propaganda continues to spread the false narrative of a strong and resilient economy. On behalf of the Swedish Government, the Stockholm Institute of Transition Economics (SITE) drafted a report in late 2024 concerning economic developments in Russia. The report highlighted the unreliability of Russian statistics, and that the country’s economy is not performing as well as its statistics suggest. SITE has now published a follow-up report, and Minister for Finance Elisabeth Svantesson has met with Director of SITE Torbjörn Becker to discuss the Russian economy and the report’s conclusions.

The Spring Budget, or the 2025 Spring Fiscal Policy Bill and 2025 Spring Amending Budget, is being presented today. In the Spring Budget, which is based on an agreement between the Government and the Sweden Democrats, the Government is using the strength of the Swedish economy to strengthen economic development and counteract the negative effects of the prevailing economic uncertainty.

On 15 April, the Government presented its Spring Amending Budget. In the Budget, the Government intends to utilise the strength of the Swedish economy to enhance its growth and offset the negative effects of the prevailing economic uncertainty.

In a government bill submitted to the Riksdag last week, a new Act is proposed concerning state aid for companies looking to invest in new nuclear power reactors. A memorandum that will be referred for consultation today proposes supplementary provisions on how companies’ applications for aid should be structured.

Integrating and further developing the European capital market is a priority for the European Union and for Sweden, as it could provide households with better returns on their savings and businesses with a more diversified set of sources for funding. Sweden has what is seen by many as a well-functioning and deep capital market. That was not always the case, and this article seeks to provide an assessment of the Swedish journey with the purpose of contributing to the ongoing European discussion. While there is no claim to portray the full story and all relevant aspects, the article seeks to outline some of the components that have been of great importance in bringing the Swedish capital market to the point where it is today.

In the second half of 2024, the Swedish economy entered into a recovery phase that is expected to continue this year. At the same time, the high level of uncertainty resulting from factors such as increased tariffs is projected to dampen growth in the near future. These are the conclusions of the Ministry of Finance in a new forecast of economic developments.

More than 600 leading Swedish and international companies, investors and decision-makers gathered in Stockholm on 19 February for the Join Sweden Summit, the Government’s international investment conference that set a new attendance record this year. Prime Minister Ulf Kristersson hosted the conference.

On Wednesday 19 February, Prime Minister Ulf Kristersson is hosting the Join Sweden Summit 2025, bringing together more than 600 international and Swedish companies, investors and decision makers. HRH Prince Daniel will open the conference and a number of Government ministers are also participating.

The Government is announcing a new action plan for an inclusive and equal society. The action plan aims to further strengthen efforts to support rights and opportunities for LGBTIQ people by consolidating, supplementing and mobilising these efforts.

On Thursday 28 November, the Task Force for Jewish life in Sweden held its final meeting of the year. The main topic was education, which has been the task force’s main focus in 2024. Representatives from a number of organisations were invited to take part and talk about their work in this area.

This compilation contains a selection of the acts and ordinances – both new and amended – that enter into force in the second half of 2024 or in early 2025.

The Swedish economy is in a protracted recession, but recovery is expected to begin in early 2025. Inflation is expected to be around the inflation target going forward. These are the conclusions of the Ministry of Finance in a new economic forecast.

The Government has been presented with the AI Commission’s proposals for measures to help strengthen the development and use of artificial intelligence (AI) in Sweden.