Government submits second supplementary budget proposal to Parliament

Ministry of Finance 9.4.2020 9.31
Press release

The Government submitted its second supplementary budget proposal for 2020 to Parliament on Thursday 9 April.

The supplementary budget proposal contains an increase of EUR 3.6 billion in appropriations. The proposal’s revenue estimate shows a decrease of EUR 5.8 billion.

The proposal increases the central government’s net borrowing requirement by EUR 9.4 billion, which means that the central government’s net borrowing in 2020 will be approximately EUR 12.7 billion.

Government proposal to Parliament for the second supplementary budget for 2020 (in Finnish)

The Government reaches agreement on second supplementary budget proposal for 2020 and the General Government Fiscal Plan for 2021–2024 (in Finnish)

Inquiries:

Markus Lahtinen, Special Adviser to the Minister of Finance (Economic Affairs), tel. +358 2955 30417