Prime Minister Petteri Orpo’s Government has agreed on the General Government Fiscal Plan for 2026–2029. The decisions focus on reinforcing the conditions for economic growth and enhancing the security of Finland and the Finnish people. At the same time, the Government will ensure that public finances are sustainable. The growth package will be financed responsibly through measures to increase general government revenue and reduce expenditure.
The Government proposes that the President of the Republic appoint Dr Olli Rehn as Governor of the Bank of Finland. Dr Rehn’s second seven-year term would begin on 12 July.
Finland’s economy has returned to growth this year, and growth is expected to accelerate next year, according to the forecast published by the Ministry of Finance on 19 December.
Minister of Finance Riikka Purra is pleased that the European Commission does not intend to propose opening an excessive deficit procedure for Finland.
The International Monetary Fund (IMF) recommends further adjustments to public finances and continued structural reforms for Finland. The IMF published its statement on the Finnish economy on Friday 8 November.
Publications
State Budget 2025
The central government's appropriations in the budget proposal total EUR 88.8 billion. Revenue is estimated at EUR 76.6 billion. The budget proposal shows a deficit of EUR 12.1 billion.
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.
