Government to curb spending

Despite the refugee crisis, the Swedish government will not breach the expenditure ceiling in 2016, writes Finance Minister Magdalena Andersson in Dagens Industri today.

So as not to hit the ceiling, the government will curb spending by some SKr 8 billion. A number of planned investments will be postponed, such as the purchase of high conservation value forests. Furthermore, some SKr 11 billion in expenditure, which includes Sweden’s contribution to the EU, development assistance and a number of other allowances, will be brought forward to 2015.