Underpinned by global growth and recovery, growth in Finland’s economy will quicken to reach 2.6% for 2021, according to the updated forecast of the Ministry of Finance, published on 17 June.

World Bank Group President David Malpass will attend the meeting of Nordic and Baltic ministers in Vantaa on 1 June. Matters on the agenda of the meeting will include, for example, climate change, COVID-19 measures and vaccine solidarity.

Finland will begin the first reforms and investments of its Sustainable Growth Programme already this year, but most of the funding will be used in 2022–2023. In its third supplementary budget, the Government proposes investments in research, continuous learning, quicker access to care and reduction of greenhouse gas emissions. The proposal includes EUR 238 million in funding for the Sustainable Growth Programme.

A report of the Ministry of Finance published on 12 May forecasts a boost in economic growth to 2.6 per cent in 2021 supported by a global stimulus as the coronavirus epidemic eases.