Government Agrees €92.5 Billion Budget with €12.4 Billion Deficit
9 Articles
9 Articles
The boring budget debate gives the government room to praise economic growth. New cuts will be left to the next government, writes Ari Hakahuhta.
Government agrees €92.5 billion budget with €12.4 billion deficit
Finland’s government has agreed a €92.5 billion budget for 2027, including a €12.4 billion deficit, tax cuts and about €1 billion in additional spending savings. Prime Minister Petteri Orpo said the government had completed its final budget negotiations of the parliamentary term in one day and argued that the economy had returned to growth. “We have now got Finland back on its feet,” Orpo said at a press conference after the talks.
The 2027 budget presented by the Finnish government yesterday contains few surprises and mostly includes previously made agreements, totaling 92.5 billion euros and remaining in the red by 12.4 billion euros.
The government refused new savings, even though many authorities considered them necessary, writes political journalist Ilkka Hemmilä.
It was a satisfied government quartet that appeared before the press on Tuesday evening.
Prime Minister Petteri Orpo's (Kok) government will hold a post-budget press conference on next year's state budget decisions at 8 p.m.
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