Ministry of Finance draft budget for 2023
Creating trust, safeguarding the future
4.8.2022 16.06

Minister of Finance Annika Saarikko’s draft budget for 2023 has been drawn up amidst an uncertain economic outlook. The draft budget totals approximately EUR 79.5 billion with a deficit of around EUR 6.3 billion. Borrowing will decrease by approximately EUR 2.5 billion from the total budgeted for 2022. The proposal will be published in full at budjetti.vm.fi on Friday 5 August.
Finland ranks first in EU digital comparison
28.7.2022 14.08

Finland ranked first in the European Union’s digital performance comparison. The European Commission’s annual Digital Economy and Society Index (DESI) monitors the digital performance of EU Member States and tracks their progress in digitalisation. Finland has been at the top of the list for several years, ranking number two in 2021 and number one in 2019 and 2020.
Availability of sufficient personal identity codes to be ensured using new intermediate characters
8.7.2022 10.35

New intermediate characters indicating the century will be incorporated into personal identity codes starting in 2023. Existing personal identity codes will not be changed by this reform. The new intermediate characters can be used, for example, in personal identity codes issued to foreign nationals moving to Finland to work.
Sustainable Growth Programme for Finland
Finland will update its Recovery and Resilience Plan
30.6.2022 12.37

Finland's share of funding from the EU's Recovery and Resilience Facility will decrease to EUR 1.8 billion at current prices, because Finland’s economy has developed better than forecast. Finland will receive a total of EUR 2.6 billion at current prices from the programmes in the EU's recovery plan (NextGenerationEU). The Ministerial Working Group on Sustainable Growth in Finland has outlined how Finland's Recovery and Resilience Plan will be updated to reflect this change.
Outlook for economic growth remains subdued
16.6.2022 14.02

Accelerating inflation is slowing economic growth. Finland’s gross domestic product will grow by 1.4% this year.
Outlook for economic growth remains subdued (press release 17.6.)
Economic Survey, Summer 2022
Press conference presentation material (in Finnish)
Recording of the press conference
Photos from the press conference (material bank)

Budget Review 2022
The Budget Review summarizes the central elements of the Government's budget proposal for 2022.

Economic Survey, Summer 2022
The Finnish economy will grow by 1,4 per cent in 2022, 1,1 per cent in 2023 and 1,3 per cent in 2024.

Europe 2020 Strategy
The tenth National Reform Programme describes the measures that the Government has initiated to achieve the national targets.
Latest news
Creating trust, safeguarding the future
Press release
4.8.2022 16.06
Finland ranks first in EU digital comparison
Press release
28.7.2022 14.08
Availability of sufficient personal identity codes to be ensured using new intermediate characters
Press release
8.7.2022 10.35
Finland will update its Recovery and Resilience Plan
Press release
30.6.2022 12.37
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Ministers

Annika Saarikko
Minister of Finance