Central government budget

The Government today presented the Budget Bill for 2023 to the Riksdag. Among the proposals contained in the Bill are reforms to support Swedish households and businesses, strengthen welfare, increase security and bolster defence. It also includes measures for increased fossil-free electricity production, reduced emissions and a cleaner environment. The Budget Bill is based on an agreement between the Sweden Democrats, the Moderate Party, the Christian Democrats and the Liberal Party.

Sweden is facing a challenging economic environment. Households and businesses are under pressure from high inflation and rising interest rates. The Swedish economy is expected to enter into recession in 2023. Against this background, on 8 November, the Government presented its budget proposal for 2023. You can read more about the autumn budget here.

The Swedish economy is expected to enter into recession in 2023 amid rising unemployment, according to the Ministry of Finance’s latest economic forecast. Minister for Finance Elisabeth Svantesson presented the forecast today.

In accordance with a decision of the Riksdag (Swedish Parliament), the Government has, since 1988, published a report on the distribution of economic resources between women and men as part of the Budget Bill.

Following the Riksdag’s adoption of the adjustments to the Government’s Budget Bill for 2022 proposed by the Moderate Party, the Sweden Democrats and the Christian Democrats, the Riksdag has decided on appropriations in the 27 expenditure areas. The Riksdag has thus concluded its processing of the central government budget for 2022.

Since the infection started to spread, the Government and the Riksdag have taken a large number of measures to safeguard people’s lives, health and livelihoods. At the same time a powerful green restart of the Swedish economy is being implemented. In all, the economic measures taken are worth almost SEK 400 billion for 2020 and 2021. This corresponds to around SEK 40 000 per inhabitant. In addition, around SEK 1 000 billion has been made available in various forms of loans and guarantees.

Following the Riksdag’s adoption of the joint reservation from the Moderate Party and the Christian Democrats, the Riksdag has decided on appropriations in the 27 expenditure areas. This means that the Riksdag has concluded its processing of the central government budget for 2019. The caretaker government will now implement the decisions taken by the Riksdag.

Everyone who can work should work. More people need to learn Swedish faster and more people who need an education to find work should take the initiative to study. In its 2018 spring amending budget, the Government is therefore investing in strengthening paths to work for more people. The Government is also providing more resources for preventive efforts against sexual harassment in working life, regional safety representatives and summer jobs for more young people.

Energy efficiency measures are key to Sweden achieving its energy policy objectives. The Government is now investing SEK 850 million in more renewable energy, more efficient energy use and more energy and climate advisory services in 2018, with additional funding in 2019 and 2020.

Total investments in the area of environment and climate for 2018 amount to SEK 5 billion, allocated to several different expenditure areas. Minister for the Environment Karolina Skog is proud that Sweden has once again presented a budget with a clear environmental profile.

The Government proposes allocating an additional SEK 10 million to the appropriation for cooperation in the Baltic Sea region.