The Finnish Economic Policy Council: Halting public debt growth requires greater policycoherence
In aggregate, the measures adopted by the government to date clearly strengthen public finances. Nevertheless, the public debt-to-GDP ratio is not stabilising in line with the objective set out in the government programme. In addition to weak cyclical conditions, this reflects certain inconsistencies in government policy. The continuation of debt growth reflects cyclical conditions and […]
Publication of the 2025 Report of the Finnish Economic Policy Council on Monday, 2 February 2026
The Finnish Economic Policy Council will publish its annual assessment of the government’s economic policy and the sustainability of public finances on Monday, 2 February 2026. The report will be available on the council’s website at 10 am. The report will be in Finnish. An English translation of the report will be published in March. […]
New Members Appointed to the Finnish Economic Policy Council
Two new council members to start their term on April 1 The Government has appointed Johanna Wallenius from the Stockholm School of Economics and Professor Juha Junttila from Oulu University Business School as new members of the Finnish Economic Policy Council, based on a proposal by the Ministry of Finance. The new members will start […]
The Finnish Economic Policy Council: Wellbeing services counties started in challenging circumstances – More flexibility needed to address deficits
The fiscal policy decisions made last spring support the government’s economic objectives. However, weak economic performance and the rapidly rising costs faced by wellbeing services counties have worsened the fiscal outlook. Additional measures that weaken aggregate demand should be avoided in the short term. Wellbeing services counties should be given additional time to implement savings […]
2024 Report of the Finnish Economic Policy Council to be published on Tue, 28 Jan 2025. Welcome to the publication seminar!
The Finnish Economic Policy Council publishes its annual assessment of the government’s economic policy and the sustainability of public finances on Tuesday, 28 January 2025. The 2024 report focuses on wellbeing services counties and their finances. A seminar to discuss the report will be held in the afternoon. The publication seminar will mainly be in Finnish, with some parts in English. The Finnish Economic […]