Ministry of Finance

Today, Minister for Finance Magdalena Andersson takes over as Chair of the International Monetary and Financial Committee (IMFC), the primary advisory body of the International Monetary Fund (IMF). At a press conference with Managing Director of the IMF Kristalina Georgieva, Magdalena Andersson presented the direction of the IMFC’s work under her leadership as Chair.

On Monday, January 18, Minister for Finance Magdalena Andersson and Managing Director of the IMF Kristalina Georgieva will hold a joint digital press conference. The press conference will be held on Monday when Magdalena Andersson begins her tenure as chair of the International Monetary and Financial Committee (IMFC), the International Monetary Fund's primary advisory body.

This information material contains a selection of the acts and ordinances – both new and amended – that enter into force in the second half of 2020 or some time thereafter.

The Government has announced further restrictions to reduce the spread of the COVID-19 virus. In order to save jobs and businesses, turn-over based support for sole traders is being extended for the period January and February 2021. The announced support intended for trading partnerships – including limited partnerships – where at least one partner is a natural person is being extended in a corresponding manner. The Government’s proposals are based on an agreement between the government parties, the Centre Party and the Liberal Party.

Minister for Finance Magdalena Andersson was today unanimously selected as Chair of the International Monetary and Financial Committee (IMFC), the highest advisory body in the International Monetary Fund (IMF). She will combine the position, which she will take up on 18 January 2021, with her post as Minister for Finance.

The Swedish economy is showing a stronger recovery than expected during the autumn. The labour market situation has also developed more positively compared with previous assessments. The employment rate is expected to be somewhat higher this year and next year compared with the assessment in the Budget Bill for 2021, while unemployment is expected to be lower. However, in the future, activity is expected to be hampered as a consequence of an increased spread of the COVID-19 virus and restrictions. This is clear from the Ministry of Finance’s most recent economic forecast, presented today by Minister for Finance Magdalena Andersson.

The Government today proposed extending the government credit guarantee programme ‘Företagsakuten’ into 2021 so as to cover lending after 31 December. The programme is intended to facilitate lending to small and medium-sized companies affected by the pandemic. The Företagsakuten programme was launched in spring 2020 as part of the Government’s measures to support the business sector during the ongoing pandemic and builds on an agreement between the government parties, the Centre Party and the Liberal Party.

Several measures taken to support Swedish jobs and businesses through the crisis will be extended. These include short-term lay-offs, deferral of tax payments, reorientation support and turnover-based support to sole traders. The proposals are based on an agreement between the government parties, the Centre Party and the Liberal Party.

On September 24 the Government decided to extend until the end of the year the government credit guarantee programme aimed at supporting small and medium-sized enterprises that have experienced financial difficulties due to the COVID-19 pandemic. The programme was launched in the spring as part of the Government’s measures to support the business sector during the ongoing pandemic and builds on an agreement between the government parties, the Centre Party and the Liberal Party. As a result of this decision, the option for businesses to take part in the credit guarantee programme applies to loans granted until 31 December 2020.

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.

On 21 September 2020, the Government presented its budget proposal for 2021 to the Riksdag.

Global warming continues regardless of the COVID-19 pandemic. Climate change will remain the defining issue of our generation. The Government is therefore proposing investments of SEK 9.7 billion in green recovery initiatives in the Budget Bill for 2021. The Government’s proposals are based on an agreement between the government parties, the Centre Party and the Liberal Party.

Minister for Finance Magdalena Andersson today presents the Ministry of Finance’s latest economic forecast and the focus of the autumn Budget Bill.

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.

This compilation contains a selection of acts and ordinances – both new and amended – that enter into force in mid-2020.

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.

How many people work at the Government Offices? What was the central government budget like last year? How many acts and ordinances were issued last year? The answer to these and other questions can be found in the Swedish Government Offices Yearbook 2019.

The Government has adopted a temporary ordinance on responsible gambling measures targeting forms of gambling with particular risks, such as online casinos and slot machines.