Finland provides EU further information on Draft Budgetary Plan

At the end of October, the European Commission requested further information from the Ministry of Finance on Finland's Draft Budgetary Plan for next year. The Ministry responded on Thursday 2 November.

Draft budgetary plans (DBPs) are part of the European Union’s coordinated surveillance exercise. The DBP should allow the Commission to identify any deviations from the general government finances strategy that each euro area county has presented in its most recent Stability Programme.

Finland’s Draft Budgetary Plan is largely based on the Government Programme, the spending limits decision made in October, the supplementary budgets for this year and the municipal finances programme for next year. The Draft Budgetary Plan and Stability Programme are included in the General Government Fiscal Plan that Finland submitted to the EU on 9 October.

On October 27, the Ministry of Finance received a letter from the Commission requesting further information on the draft budgetary plan. The Ministry responded on Thursday 2 November.

The European Commission will publish its assessment of the draft budgetary plans of the euro area countries by the end of November.

Inquiries:

Marketta Henriksson, Head of Secretariat for EU Affairs, tel. +358 295 530 441, marketta.henriksson(at)gov.fi