Budget proposal Less debt will be taken and public finances will be strengthened
Minister of Finance Petteri Orpo’s budget proposal creates room for growth and employment. The goal is to safeguard the financing of public services and the welfare state.
The draft budget proposal (budjetti.vm.fi)
Less debt will be taken and public finances will be strengthened (Press release 9 August)
Minister of Finance Petteri Orpo’s budget proposal (Slides from the press conference, in Finnish, 9 August)
Photograps from the press conference (Flickr)
Timeline of budget preparation for 2018 (News item 20 July)
Health, social services and regional government reform to enter into force on 1 January 2020, county elections in October 2018
The Budget Review summarizes the central elements of the proposal.
Finnish GDP is forecast to grow by 2.4% in 2017, 1.6% in 2018 and 1.5% in 2019.
Outlook and challenges for Finland´s public finances
The situation in public finances and the labour market at the halfway point of the government term.
The Ministry of Finance confirms the base rate of interest twice a year.