The Ministry of Finance Presents a Massive Package of Adjustment Options – the List Includes Familiar Cuts From Unemployment Benefits to Pensions
5 Articles
5 Articles
Budget Manager Mika Niemelä says that the adjustment amount is so large that both spending cuts and tax increases will be needed in the next election period. The Ministry of Finance published long lists of possible spending cuts and tax increases.
The Ministry of Finance (VM) has published a massive package of various measures that could strengthen public finances in the coming years. The expenditure and structural analysis and the tax analysis offer numerous different concrete options. The ministry emphasizes that the package is not intended to be implemented as such, but to support the political decision-making of the next government. For example, the VM highlights the freezing of index…
The list published by the ministry today includes familiar cuts from unemployment benefits to pensions and business subsidies.
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