Elisabeth Svantesson

Today, the Government is presenting the Budget Bill for 2024 to the Riksdag. The proposals in the budget aim to address Sweden’s most acute problems. This includes combating inflation and managing its effects through assistance to households and the welfare system. Defence and the judicial system will also receive substantial investments to make Sweden safer and more secure. The reforms in the budget total SEK 39 billion next year. The budget is based on an agreement between the Government and the Sweden Democrats.

Sweden is in an economic winter. Inflation and high interest rates are putting pressure on both households and businesses. At the same time, the security environment has deteriorated. In a difficult economic situation, the Government is prioritising combating inflation, assisting households and the welfare system, and strengthening the judicial system and defence. Against this background, the Government presents its Budget Bill for 2024 with reforms totalling SEK 39 billion next year.

The weakening economic situation has pushed the Swedish economy into recession in 2023. High inflation and higher interest rates combined with waning international demand are the primary reasons for the flagging economy. These are the conclusions of a new forecast of the economic outlook from the Ministry of Finance. At the same time, Minister for Finance Elisabeth Svantesson reports that the reforms in the forthcoming autumn budget will amount to an estimated SEK 40 billion.

The effects of rising prices and interest rates on the Swedish economy are becoming increasingly clear, according to the Ministry of Finance’s latest macroeconomic and public finances forecast presented today.

The Government has decided to nominate Thomas Östros as a candidate for the post of President and Chairman of the Board of Directors of the European Investment Bank (EIB).

On 14 June, Minister for Finance Elisabeth Svantesson will hold a press conference together with OECD Secretary-General Mathias Cormann to present the OECD’s latest economic survey of Sweden. The press conference will be conducted in English.

Today, the Government is presenting the 2023 Spring Fiscal Policy Bill and the Spring Amending Budget for 2023. Sweden’s economy is in recession, with the highest inflation in more than 30 years. In light of this, the Government is presenting a Spring Amending Budget aimed at protecting particularly vulnerable households and lowering inflation. The budget is based on an agreement between the Government and the Sweden Democrats.

The Government presented its Spring Budget on 17 April. The budget has been submitted in an uncertain environment – with war raging in our vicinity, strained European energy markets and Sweden’s highest inflation in more than 30 years.

Sweden’s economy has thus far weathered high interest rates and energy prices better than expected. Next year, however, Sweden will enter a recession that is expected to last until 2025. This is according to the Ministry of Finance’s latest economic forecast presented today by Minister for Finance Elisabeth Svantesson.

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.