Assessing the macroeconomic risks caused by climate change and biodiversity loss requires more advanced analytical methods. Developing these methods, along with tools to evaluate the broader economic impacts of the green transition, remains a significant challenge in Finland and globally. The working group established by the Ministry of Finance proposes measures to strengthen the knowledge base for decision-making.

The proposed act would give municipalities the option to collect a tax on paid accommodation. The tax would be optional for municipalities, and the revenues from the tax would remain with the municipality that collected it. The Ministry of Finance is requesting views on the draft government proposal.

The Finnish economy is gradually recovering but is overshadowed by the crisis in the Middle East, higher energy prices and an uncertain economic outlook. Economic growth is boosting general government revenues, but the deficit remains wide according to the Ministry of Finance's economic forecast published on 16 June.

Finland believes it has achieved further milestones in its Recovery and Resilience Plan (RRP). The Ministry of Finance filed the fifth payment request under the RRP with the European Commission on Tuesday 2 June.

The ProcurFinland Programme has published a guide to help contracting entities identify and prevent sanctions evasion and circumvention. The guide provides practical advice on taking sanctions into account at different stages of the procurement process. It lists warning signs that contracting entities can use to assess the risk of sanctions evasion and circumvention.