- It is about a historic budget, says Magdalena Andersson at a press conference earlier this morning.
Magdalena Andersson emphasizes that the world and Sweden are still in a pandemic, which is why exceptional measures are needed to ensure that the wheels start rolling again in the Swedish economy and that unemployment does not skyrocket.
- Money should not stand in the way, she says.
Most of the budget is already known.
These are tax cuts for low- and middle-income earners but also for pensioners.
Municipalities and regions receive increased state subsidies, the employer's contribution for young people is reduced, as well as corporation tax.
Adjustment support for companies is being extended and climate investments are being brought forward, measures that the government hopes will provide 75,000 new jobs.
New for today is also the increases in the unemployment insurance fund are extended by 2 years.
The budget also includes other labor market reforms, such as more training places and support for the unemployed far from the labor market.
- This is a record-breaking pandemic budget where all January parties have received their favorite proposals, says SVT's political reporter Elisabeth Marmorstein.
In total, the reform bill lands at SEK 105 billion in 2021 and SEK 85 billion in 2022.
Borrowed money
However, it is borrowed money that is in question and it will have a real impact on Swedish public finances.
Last year, Sweden had a central government debt of 35 percent of GDP, a debt that from this year and a couple of years onwards is forecast to be around 42 percent of GDP.
According to Elisabeth Marmorstein, it is easier to agree.
not least within the January parties, when there is almost unlimited money to spend.
However, when one has to go back to more normal budget levels, it can lead to political tensions and much tougher negotiations.
- It can be more difficult when you have to return to surplus targets and other things that limit the possibility of tax cuts and expenditure increases, she says.