Budget proposal 2016 and general government fiscal plan for 2016 - 2019 published

The Government has published the budget proposal 2016 and the general government fiscal plan for 2016 - 2019.

In the budget proposal, revenue is estimated at EUR 49.1 billion and appropriations are to amount to EUR 54.1 billion. The budget proposal is EUR 5.0 billion in deficit.

In its general government fiscal plan, the Government sets the nominal objectives concerning the budgetary position of public finances and its sub-sectors for the ongoing parliamentary term. The general government fiscal plan includes  the central government spending limits which provide a binding four-year framework for the entire parliamentary term. At the same time, it constitutes Finland's stability programme and meets the EU requirement for medium-term budget planning.

 

Budget proposal 2016 (in Finnish)

The general government fiscal plan for 2016–2019 (in Finnish)