Economic policy – Budget, the EU
Government economic policy is prepared and implemented by the Ministry of Finance. The goal is to promote sustainable economic growth that improves employment, and to reduce central government debt. Preparing economic policy requires monitoring, analysing and projecting the development of the economy. Information on the state of the economy and its future outlook is provided in regularly published publications and reviews.
By participating in the work of the Economic and Financial Committee and the Economic Policy Committee of the EU, for Finland's part the Ministry prepares the coordination of EU economic policy and the economic policy in the euro area.
Starting points for economic policy »
The aim of economic policy is to promote sustainable economic growth that supports employment and reduces central government debt.
Spending limits in central government finances and the budget »
The spending limits for the parliamentary term determine the policy for expenses over the whole four-year term.
EU and the economy »
The economies of the EU countries have become closely integrated, and the countries in the euro area in particular have common interests.
Assessment and monitoring of central government finances »
The realisation of the Government economic policy or the central government finances are assessed by the Parliament and the National Audit Office.
Financial assistance programmes and euro area stability »
Financial assistance programmes can be used to support the recovery of countries experiencing financial difficulties. A condition for granting loans is that agreed economic and structural reforms are made.
International financial institutions »
The Ministry of Finance bears primary responsibility for preparation of issues relating to the World Bank, the European Investment Bank (EIB) and the Nordic Investment Bank (NIB).