
Uncertain times require responsive and credible fiscal policy
Government support expedited the economic recovery in 2021. The chosen supportive fiscal stance for 2022 is appropriate given worsened economic outlook. To preserve sustainability a
Government support expedited the economic recovery in 2021. The chosen supportive fiscal stance for 2022 is appropriate given worsened economic outlook. To preserve sustainability a
The current forecast is that growth in the Finnish economy in 2020 is expected to be around 1 per cent, and growth in future years
Despite reduction in government deficit and improvement in employment the sustainability problem remains unchanged. The social and health care reform will not fix this. The
Improved economic growth and favorable development of the labor market situation have improved the state of public finances. In the current state of the business
The 72% employment rate target set by the government will not be reached. The failure to meet the employment target will make it difficult to
The government’s fiscal policy is one of gradual tightening and government spending cuts of almost four billion euros over the government term. Tightening fiscal policy