Government submits the year's seventh supplementary budget proposal to Parliament

The Government submitted the seventh supplementary budget proposal for 2020 to Parliament on Thursday 29 October.

In the proposal, appropriations are increased by EUR 1.5 billion and revenue reduced by EUR 341 million, which increases the net borrowing requirement by EUR 1.8 billion. Net borrowing in 2020 is expected to total about EUR 19.6 billion.

Inquiries:

Markus Lahtinen, Special Adviser to the Minister of Finance (Economic Affairs), tel. +358 2955 30417