Starting next year, tax cards will enter into force from the beginning of January. The aim is to clarify the tax withholding procedure and reduce the need to make changes to tax cards. The Government submitted its proposal for legislative amendments on 16 May.

The changes to the Recovery and Resilience Plan relate to energy investments, employment measures and time limits. The Government approved Finland’s proposal for an updated Recovery and Resilience Plan on Thursday 16 January.

The Ministry of Finance has set up a project to guide the implementation of a national digital identity wallet. The Digital and Population Data Services Agency will be responsible for the technical implementation.

Finland’s economy will recover from recession, but public finances will remain in deficit. Finland’s debt ratio will continue to grow, but more slowly, according to the Economic Forecast published by the Ministry of Finance on 25 April.

The General Government Fiscal Plan covers central government, wellbeing services counties, municipalities, and statutory earnings-related pension funds and other social security funds.