Government presents 2022 Spring Fiscal Policy Bill

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On April 19, 2022 the Swedish Government presented the 2022 Spring Fiscal Policy Bill and the Spring Amending Budget for 2022. In light of the deteriorating security situation, the Government is presenting a budget to strengthen Sweden that includes both immediate investment and long-term measures to address societal challenges.

Russia’s invasion of Ukraine is unprovoked, illegal and unjustifiable. The Government continues to support Ukraine, push for sanctions against Russia and strengthen Sweden, as it has since the start of the war. A stronger Sweden also requires a continued long-term struggle to address societal challenges. In the Spring Amending Budget, the Government proposes measures totalling SEK 31.4 billion. Together with the additional amending budgets the Riksdag has adopted since March this year and the Riksdag’s committee initiative on support to Ukraine, a total of SEK 35.4 billion has been allocated to strengthen Sweden and support Ukraine.

“The Government is now presenting a budget to strengthen Sweden,” says Minister for Finance Mikael Damberg. “We’re continuing the greatest upgrade of our military defence since the Second World War and fortify society’s defences with strengthened civil preparedness and enhanced welfare. We’re accelerating the transition to fossil-free fuels for security, jobs and the environment. We’re also mitigating the war’s economic effects on Swedish households and businesses.”

Read more at the website of the Swedish Government


Photo: Kristian Pohl/The Government Offices