POST Online Media Lite Edition



 

Main points in Sweden's budget jobs, schools and climate

Staff writer |
In the Budget Bill for 2016, the government of Sweden proposed investments in jobs, schools and climate action.

Article continues below






The Bill is based on an agreement between the government parties and the Left Party.

“The government is investing in what makes Sweden strong. In our Sweden, more people will have a job, school performance will be turned around and climate emissions will be reduced,” says Minister for Finance Magdalena Andersson.

The government expects Sweden’s economic situation to improve in the coming years. This is mainly due to a stronger international outlook and, together with the policies pursued, will lead to falling unemployment in Sweden. But this economic upturn is uncertain and there is a substantial risk of weaker growth.

The recovery and the policies pursued mean that the deficit in the general government finances is expected to decrease in the coming years.

“By setting tough priorities, we will reduce the deficit step by step. We have now prioritised reforms worth a total of more than SEK 24 billion for 2016. This is on top of the SEK 20 billion announced in the spring budget,” says Ms Andersson.


What to read next

Sweden has plans to be fossil fuel free economy
War on climate: Trump to cut EPA funding by up to 70%
Unfavorable business climate in South America