Magdalena Andersson

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.

The Ministry of Finance today submitted a proposal that would strengthen the financial independence of the Riksbank by setting down in law a targeted level for its capital. The proposal also contains rules on how the Riksbank is to be recapitalised and how dividends to the State may be paid. In addition, it clarifies that borrowing in advance for the foreign exchange reserve may only be done if there are exceptional grounds. This proposal is in line with the Committee on Finance’s report from June 2016 which had the support of all parties represented in the Riksdag.

OECD Secretary-General Mr Angel Gurría has today presented their report on Sweden’s economic situation. This time a special focus is on equality and gender equality. The OECD also expresses clear support for the Government’s fiscal policy. The report is part of the OECD’s regular review of the economies of its member countries.

Prime Minister Stefan Löfven will take part in the World Economic Forum Annual Meeting in Davos on 17–18 January. This year's theme is Responsive and Responsible Leadership and in his meetings Mr Löfven will highlight the importance of greater equality and reduced economic disparities in the wake of globalisation.

Sweden demonstrates continued economic strength, with positive and stable growth, reduced unemployment and substantially strengthened public finances with a surplus also this year. This is the message from Minister for Finance Magdalena Andersson as she presents the Ministry of Finance’s latest economic and public finances forecast today.

London, 24 October 2016. Check against delivery.

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A team from the International Monetary Fund (IMF) visited Sweden in autumn 2016 to conduct its annual review, or Article IV consultation, of the economic situation in Sweden and has now published its results. A complete report will be discussed by the IMF board in November 2016 and subsequently published.

Brussels, 27 September 2016. Check against delivery.

The Budget Bill for 2017 presented to the Riksdag today contains the Government’s proposals to continue building our society. The Bill is based on an agreement between the government parties and the Left Party.

Building our society – taking responsibility for Sweden

On 20 September 2016, the Government presented its proposed budget for 2017 to the Riksdag. The Government’s entire proposal is available in the Budget Bill, which includes the Government’s Budget Statement, the Government’s assessment of the outlook for the Swedish economy and public finances, and the frameworks this provides for fiscal policy. The budget also contains the Government’s proposals on how government expenditure is to be allocated and an estimate of expected central government revenue in the coming year. The Bill is based on an agreement between the government parties and the Left Party.

The Government wants to further strengthen Sweden’s position as a climate leader. The Budget Bill for 2017 proposes the largest investment budget in the area of climate and the environment in Sweden’s history.

The Asian Infrastructure Investment Bank (AIIB) was established in January this year, and Sweden became a member at its first Annual Meeting in June. Mr Löfven and Mr Jin discussed the bank's strategic focus for the future.

“I am pleased that we are now seeing unemployment pushed back, while at the same time we have essentially eradicated the major deficits we inherited. But a great deal of work remains for the Government.” This was the message from Minister for Finance Magdalena Andersson when she presented the Ministry of Finance’s latest economic forecast and the focus of the autumn budget at the Government’s discussions at Harpsund today.

On the afternoon of 12 May, Chile’s President Michelle Bachelet left Sweden following a three-day State Visit. The President was in Sweden at the invitation of HM the King. This was the first State Visit by a Chilean president to Sweden. Several of the Government ministers took part in the programme. The purpose of the visit was to broaden and deepen bilateral relations between Chile and Sweden.

The Government is today presenting its proposed direction for economic policy ahead of the Budget Bill for 2017. The Government’s priorities – jobs, schools and climate action – remain firm. In addition, proposals are presented to increase funding in the budget for 2016 to address the refugee situation. 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.

Building our society – responsibility, security and development The Government is today presenting its proposed direction for economic policy ahead of the Budget Bill for 2017. The Government’s priorities – jobs, schools and climate action – remain firm. In addition, proposals are presented to increase funding in the budget for 2016 to address the refugee situation. 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.

Opinion piece by Magdalena Andersson, Minister for Finance, Dagens Nyheter, 17th of February 2016.