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30.5.2022 | The misallocation of labour and capital in the Finnish business sector has increased in the 2000s, which has significantly retarded productivity growth. The concentration of labour to companies with lower productivity is a key factor in retarding growth. A more efficient allocation of labour could be influenced, for example, by dismantling incentive traps and increasing labour mobility and wage competition, states a recent study by Aalto University and ETLA Economic Research.

Finances of the wellbeing services counties The wellbeing services counties receive most of their funding from the central government. Since the counties are self-governing, they decide on the use and allocation of their funding. The level of fund...

Spending limits in central government finances and the budget At the beginning of the parliamentary term, the Government decides on a framework, i.e. a ceiling for budget expenditure, and rules for the framework procedure. The spending limits for ...

22.4.2026 | Prime Minister Petteri Orpo’s Government has agreed on the General Government Fiscal Plan for 2027–2030. Both the global economy and Finland’s finances are facing challenges. In its spending limits session, the Government focused on new targeted measures to strengthen people’s confidence in the future and improve the conditions for growth and employment.

Central government spending limits At the beginning of the parliamentary term, the Government decides on the parliamentary term spending limits, i.e. a ceiling for budget expenditure, as well as the rules governing the spending limits procedure fo...

Central government guidance and direction This refers to a set of procedures, systems and methods, and the documents associated with them, that support leadership and management. Leadership and management work hand in hand with guidance and direct...

30.4.2026 | 1 Liite 1. Maakohtaisten suositusten toimeenpano (CeSaR) Finland's contribution to the Country-specific recommendations (CSR) assessment1 Semester Cycle 2026 CSR.2025.1 CSR 1 Subpart 1: Reinforce overall defence and security spending and readiness...

The EU is seeking to cut its dependency of Russian fossil fuels and to speed up the transition to clean energy. To this end, the EU launched the REPowerEU plan, which is part of the Recovery and Resilience Facility (RRF). Finland will receive a maximum of EUR 127 million in new funding.

EUROPEAN COMMISSION Brussels, XXX […](2025) XXX draft ANNEX SENSITIVE* UNTIL ADOPTION ANNEX to the Proposal for a COUNCIL IMPLEMENTING DECISION amending Implementing Decision (EU) (ST 12524/21 INIT; ST 12524/21 ADD 1) of 29 October 2021 on the app...

fi sv en Information policy and steering Finland is a society strongly based on information and its utilisation. Data systems and the information they contain are integral to the operation of the administration, and the administrative services hav...

Pay, incentive schemes Pay and development of the pay system The pay policy in central government is mostly uniform but also partly based on the starting points, needs and applications of the different government agencies. Each agency has its own ...

Discretionary government grants Discretionary government grants are public financing awarded from budget appropriations or off-budget entities, without direct conditionality, to recipients other than government agencies or public bodies. Discretio...

Mobility of personnel Central government has a long-standing practice of supporting the mobility of its personnel within their home organisations, within central government as a whole and outside of central government. Mobility of personnel helps ...

6.8.2025 | The Ministry of Finance's draft budget for 2026 implements the guidelines of the Government’s spring mid-term policy review and includes the Minister of Finance's new adjustment measures proposed by the Minister of Finance to ensure that the debt ratio stabilises towards the end of the parliamentary term. The draft budget totals EUR 89.6 billion and involves a deficit of EUR 9.9 billion. When enter...

2.5.2026 | EUROPEAN COMMISSION Brussels, XXX […](2025) XXX draft ANNEX SENSITIVE* UNTIL ADOPTION ANNEX to the Proposal for a COUNCIL IMPLEMENTING DECISION amending Implementing Decision (EU) (ST 12524/21 INIT; ST 12524/21 ADD 1) of 29 October 2021 on the app...

fi sv en Fiscal policy Fiscal policy is part of the Government’s economic policy. Fiscal policy objectives, namely how the public economy collects and allocates funds, are agreed in the Government Programme. Decisions on taxation, social security ...

5.2.2026 | On Thursday 5 February, the Government submitted a supplementary budget proposal for 2026 to Parliament. The supplementary budget focuses on boosting growth and investments with the goal of supporting employment. The proposal also includes a decrease to revenue estimates.

2.9.2025 | The Government of Prime Minister Petteri Orpo has reached a decision on its budget proposal for 2026. The Government’s decisions aim to support economic growth, which is picking up. Supporting economic growth and continuing responsible fiscal management is necessary to ensure the security of people in Finland and safeguard their access to important services going forward.

5.2.2026 | The State of Finland is acquiring the Class A shares in Fingrid currently owned by Ilmarinen Mutual Pension Insurance Company. The total share purchase price is about EUR 401.3 million. The acquisition will strengthen the State’s ability to steer Fingrid, which a company of strategic interest.

24.6.2025 | In its meeting on 24 June, the Ministerial Committee on Economic Policy decided on the implementation and allocation of EUR 130 million in annual central government savings in addition to the savings of almost EUR 400 million already agreed on for various administrative branches.