The Fiscal Policy Framework Skr. 2025/26:76
Published
In this Communication, the Government sets out the fiscal policy framework. This Communication, which serves as a code of conduct for both the Government and the actors who review the fiscal policy, aims to set out the laws and other rules as well as established practice that make up the fiscal policy framework. The Communication is also intended to provide detail on certain parts of the framework and the Government’s application of it.
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The fiscal policy framework is made up of a number of parts:
- budgetary policy targets (a target for general government net lending, a benchmark for government debt, an expenditure ceiling, and a local government balanced budget requirement)
- a stringent central government budget process
- principles for fiscal stabilisation policy
- transparency and clarity
- external monitoring.
A comprehensive presentation of the laws, rules and established practice that make up the fiscal policy framework and its application by the Government helps to increase trust in the fiscal policy. This in turn creates better conditions for fiscal policy having its desired effect.
