Government proposes amendments to 2024 budget proposal

23.11.2023 14.01
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On Thursday 23 November, the Government submitted its proposal to Parliament to amend the budget proposal for 2024. Among others, the proposal includes amendments related to support for Ukraine, the health and social services transfer calculation and central government transfers to local government. In line with the proposal, the revenue estimate will be increased by EUR 76 million, while the need for appropriations will decrease by EUR 48 million.

Finland requests payment of EUR 273 million from EU under Recovery and Resilience Plan

10.11.2023 14.23
Sustainable Growth Programme for Finland.
Finland considers that it has reached the first milestones of its Recovery and Resilience Plan (RRP). The Ministry of Finance filed the first payment request under the RRP with the European Commission on Friday 10 November. The total amount of the request is EUR 273 million.

Council of the EU and European Parliament agree legislation on European Digital Identity Wallets

9.11.2023 11.57
EU flags in Brussels
The EU already regulates cross-border electronic identification and trust services for electronic transactions in the eIDAS Regulation. The Regulation will now be amended to include common legislation on European Digital Identity Wallets for citizens and businesses.

Finland provides EU further information on Draft Budgetary Plan

3.11.2023 10.12
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.

Financial Action Task Force
Finland improves prevention of money laundering and terrorist financing – enhanced follow-up process to end

24.10.2023 11.02
The Financial Action Task Force (FATF) is ending Finland’s enhanced follow-up process. Finland will continue to improve prevention efforts by enhancing exchange of information.

Publications

State Budget 2024

The central government's appropriations in the budget proposal total EUR 87.9 billion. Revenue is estimated at EUR 76.3 billion. The budget proposal shows a deficit of EUR 11.5 billion.

State Budget 2024

Economic Survey, Autumn 2023

The Finnish economy is stagnant but will pick up in 2023. It is expected to grow 1.2 per cent in 2024 and 1.8 per cent in 2025.

Economic Survey, Autumn 2023

Expenditure and structural survey

This expenditure and structural review is intended to help identify the purposes for which public funds are currently being used.

Expenditure and structural survey

Ministry of Finance

Ministry of Finance

The Ministry is tasked with establishing, overseeing and reforming the operating framework for public finances and public governance. Our vision is to establish a solid foundation for the economic prosperity and wellbeing of coming generations.

Learn more about the Ministry

Administrative branch

Administrative branch

The Ministry of Finance's administrative branch employs over 12,000 people, most of whom work for the tax and customs administrations.

The Ministry of Finance's administrative branch

Ministers

Riikka Purra
Riikka Purra
Minister of Finance
Anna-Kaisa Ikonen
Anna-Kaisa Ikonen
Minister of Local and Regional Government
Wille Rydman
Wille Rydman
Minister of Economic Affairs