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Finnish Productivity Board The Productivity Board is an independent expert body operating in connection with the Ministry of Finance. It is the Board’s responsibility to monitor the development of productivity and competitiveness of the Finnish ec...https://vm.fi/en/finnish-productivity-board
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Public sector innovation and productivity The Ministry of Finance is working to structure the overall picture of public sector innovation activities and increase its effectiveness. A public sector innovation is a new or improved service, product o...https://vm.fi/en/public-sector-innovations
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12.9.2023 | In its meeting on 12 September, the Ministerial Committee on Economic Policy decided to begin preparing the central government productivity programme specified in the Government Programme.https://vm.fi/en/-/10616/preparation-of-central-government-productivity-programme-begins
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Produktivitetsnämnden Produktivitetsnämnden är ett självständigt och oavhängigt sakkunnigorgan som är verksam vid finansministeriet. Produktivitetsnämnden har till uppgift att följa utvecklingen av produktiviteten och konkurrenskraften i den finlä...https://vm.fi/sv/produktivitetsnamnden
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12.9.2023 | In its meeting on 12 September, the Ministerial Committee on Economic Policy decided to begin preparing the central government productivity programme specified in the Government Programme.https://vm.fi/en/-/194055633/preparation-of-central-government-productivity-programme-begins
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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.https://vm.fi/en/-/194055633/study-more-efficient-allocation-of-labour-and-capital-would-increase-productivity-and-economic-wellbeing
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30.4.2026 | Economic recovery in Finland will be further delayed as a result of the crisis in the Middle East. The general government deficit will widen and remain large according to the Economic Forecast published by the Ministry of Finance on 30 April.https://vm.fi/en/-/rising-energy-prices-slow-economic-growth
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21.4.2021 | The Government outlined a support package for culture, art, physical activity and the event production industry. The package will help culture, art, physical activity and the event production industry recover from the pandemic. The aim is to support content producers and create conditions for organisers to generate work in the sector and provide people with opportunities to participate in events when society will open up.https://vm.fi/en/-/194055633/government-outlined-a-support-package-for-culture-art-physical-activity-and-the-event-production-industry
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8.12.2021 | Labour productivity in Finland’s national economy has been stagnating at the 2007 level for more than a decade. How is the development of labour productivity affected by resource allocation and structural changes in different sectors? According to a study published on 8 December, there is room for improvement when it comes to resource allocation, but the strongest factor behind productivity growth is the favourable development of individual businesses.https://vm.fi/en/-/194055633/study-why-is-labour-productivity-development-lagging-in-finland-plenty-of-room-for-improvement-in-resource-reallocation-
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27.11.2020 | The Sustainable Growth Programme for Finland will focus on achieving a fast-track recovery, structural reform of the economy and public services reform. The reforms and investments proposed in the Sustainable Growth Programme will accelerate the fight against climate change, boost productivity and economic growth potential, and ensure inclusiveness in society. This is the conclusion of the government report submitted to Parliament on Friday 27 November.https://vm.fi/en/-/194055633/government-report-on-sustainable-growth-programme-for-finland-submitted-to-parliament-focus-on-reforms-and-productivity
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27.11.2020 | The Sustainable Growth Programme for Finland will focus on achieving a fast-track recovery, structural reform of the economy and public services reform. The reforms and investments proposed in the Sustainable Growth Programme will accelerate the fight against climate change, boost productivity and economic growth potential, and ensure inclusiveness in society. This is the conclusion of the government report submitted to Parliament on Friday 27 November.https://vm.fi/en/-/10616/government-report-on-sustainable-growth-programme-for-finland-submitted-to-parliament-focus-on-reforms-and-productivity
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10.12.2020 | According to Minister of Finance Matti Vanhanen, the recommendations set out in the OECD’s Economic Survey of Finland, published on 10 December, should be closely studied.https://vm.fi/en/-/oecd-recommendations-should-be-analysed-carefully-finland-s-productivity-leap-requires-bold-reforms
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Boards The Productivity Board and Information Management Board are operating in connection with the Ministry of Finance. Finnish Productivity Board It is the Board’s responsibility to monitor the development of productivity and competitiveness of ...https://vm.fi/en/boards
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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.https://vm.fi/en/-/194055633/orpo-government-uncertain-times-call-for-measures-to-build-confidence-and-boost-growth-1
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Excise duty Excise duty is an indirect tax on the consumption or use of a product. Excise duty is mainly levied for the purpose of supporting central government finances through tax revenues, but a number of excise duties also have other goals, su...https://vm.fi/en/excise-duty
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14.10.2019 | Construction production will remain this year close to its current level or decrease by at most two per cent from one year back, assesses the business cycles in the construction sector (RAKSU) group in its report published on 14 October. Next year, construction production will fall by 1.5–3.5 per cent.https://vm.fi/en/-/good-economic-cycle-of-construction-is-coming-to-an-end-production-will-fall-this-and-next-year
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EU digital statutes lay the ground rules for operating in the digital age The EU is currently preparing and has already issued a number of digital and data statutes. The aim of these statutes is to make the digital operating environment as functio...https://vm.fi/en/digital-statutes-in-the-eu
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Tax system The Ministry of Finance prepares the tax laws that regulate taxation. Taxpayers include all people living in Finland as well as corporations and companies doing business in Finland. Tax recipients in addition to the state include all mu...https://vm.fi/en/tax-system
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Government procurement The Ministry of Finance is responsible for generally guiding and directing central government finances and for the development of the financial administration. The Ministry of Finance guides and directs procurement in centra...https://vm.fi/en/governance-policy/corporate-services-for-government/government-procurement
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Board members The Board has a chair and a maximum of six other members, each with a personal deputy. Members must have experience in assessing productivity and competitiveness. On the basis of a proposal by the Ministry of Finance, the Government ...https://vm.fi/en/board-members