Budget
Timeline of budget preparation for 2021

15.7.2020 9.23

The preparation of the Budget for 2021 began on 11 to 12 August with a budget session at the Ministry of Finance. The government proposal for the 2021 Budget will be published on 5 October.

Timetable for the preparation of the budget proposal:

  • Tuesday 11 to Wednesday 12 August: Budget session at the Ministry of Finance
  • Thursday 13 August: The Ministry of Finance will submit its proposal to the Ministries and publish it at budjetti.vm.fi (in Finnish)
  • Monday 14 to Tuesday 15 September: Government negotiations on the Budget
  • Monday 5 October: A debate of the Budget proposal will be held at an extraordinary Ministerial Finance Committee meeting and a government plenary session and the publication at budjetti.vm.fi

Confidence and sustainable growth throughout Finland (press release on 12 August.)



Finnish economy’s coronavirus recovery expected to be slow

16.6.2020 11.00

The Finnish economy will shrink 6% this year according to the forecast of the Ministry of Finance in its latest Economic Survey.

Press release
Economic Survey, Summer 2020
Presentation material for the press conference (in Finnish)



Publications

Budget Review 2020

Budget Review 2020

The Budget Review summarizes the central elements of the Government's budget proposal for 2020.

Budget Review 2020

Economic Survey, summer 2020

Economic Survey, summer 2020

The Finnish economy will shrink by 6 per cent in 2020 and grow by 2,5 per cent in 2021 and 1.7 per cent in 2022.

Economic Survey, Summer 2020

Europe 2020 Strategy

Europe 2020 Strategy

The tenth National Reform Programme describes the measures that the Government has initiated to achieve the national targets.

Europe 2020 Strategy

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

Matti Vanhanen
Matti Vanhanen
Minister of Finance
Sirpa Paatero
Sirpa Paatero
Minister of Local Government