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16.6.2026 | The Finnish economy is gradually recovering but is overshadowed by the crisis in the Middle East, higher energy prices and an uncertain economic outlook. Economic growth is boosting general government revenues, but the deficit remains wide according to the Ministry of Finance's economic forecast published on 16 June.

The Budget The Budget is an annual plan for central government finances and financial administration. It outlines the central government’s expenditure and revenue for the coming year, along with decisions on the amount of debt to be taken to cover...

30.4.2026 | The General Government Fiscal Plan guides the planning of public finances. It covers central government, wellbeing services counties, municipalities, statutory earnings-related pension funds and other social security funds.

12.12.2025 | The Council of the European Union will adopt the recommendations for corrective measures in January when deciding to open an excessive deficit procedure.

12.5.2026 | EU ministers responsible for housing convene at an informal meeting in Cyprus on 11–12 May 2026. State Secretary Mika Nykänen represents Finland at the meeting.

3.6.2026 | The Government submitted its second supplementary budget proposal for 2026 to Parliament on 3 June. The supplementary budget includes employment measures outlined in the spending limits session and investments in counter-drone capabilities and defence more broadly. The proposal also includes an increase to revenue estimates.

25.11.2025 | Finland does not meet the EU’s criteria for public deficit, according to the European Commission. The Commission is considering proposing that the EU open an excessive deficit procedure for Finland.

22.4.2026 | Prime Minister Petteri Orpo’s Government has agreed on the General Government Fiscal Plan for 2027–2030. Both the global economy and Finland’s finances are facing challenges. In its spending limits session, the Government focused on new targeted measures to strengthen people’s confidence in the future and improve the conditions for growth and employment.

5.2.2026 | On Thursday 5 February, the Government submitted a supplementary budget proposal for 2026 to Parliament. The supplementary budget focuses on boosting growth and investments with the goal of supporting employment. The proposal also includes a decrease to revenue estimates.

4.6.2025 | The European Commission recommends that the Council of the EU activate the national escape clause for Finland. The recommendation is based on increasing defence spending. The Commission does not recommend opening an excessive deficit procedure.

30.4.2026 | Economic recovery in Finland will be further delayed as a result of the crisis in the Middle East. The general government deficit will widen and remain large according to the Economic Forecast published by the Ministry of Finance on 30 April.

22.9.2025 | The Government has submitted its proposal for the 2026 Budget and related legislative proposals to Parliament.

16.1.2026 | In its meeting on 16 January, the Ministerial Committee on European Union Affairs outlined Finland’s positions on the Commission’s proposal for an amendment to the Market Stability Reserve Decision. The proposal aims to curb fluctuations in emission allowance prices when the new emissions trading system for road transport and buildings is launched in 2028.

20.11.2025 | On Thursday 20 November, the Government submitted its proposal to Parliament to amend the budget proposal for 2026. It includes proposals to launch new transport projects and to support Ukraine. The proposal will decrease the revenue estimate by EUR 189 million and increase the requirement for appropriations by EUR 455 million.

6.8.2025 | The Ministry of Finance's draft budget for 2026 implements the guidelines of the Government’s spring mid-term policy review and includes the Minister of Finance's new adjustment measures proposed by the Minister of Finance to ensure that the debt ratio stabilises towards the end of the parliamentary term. The draft budget totals EUR 89.6 billion and involves a deficit of EUR 9.9 billion. When enter...

8.8.2025 | The draft budget includes new adjustment measures by Minister of Finance Riikka Purra. The overall spending included in the draft budget is EUR 89.6 billion in total. The draft budget shows a deficit of EUR 9.9 billion, when excluding a one-off revenue entry item from the National Housing Fund.

26.11.2024 | Minister of Finance Riikka Purra is pleased that the European Commission does not intend to propose opening an excessive deficit procedure for Finland.

23.9.2024 | The economy has begun to recover from the recession, and growth will pick up next year. General government finances will, however, remain in deficit and debt will accumulate further, according to the forecast published by the Ministry of Finance on 23 September.

18.12.2025 | Finland’s economic recovery has been weaker than expected this year. The general government deficit is wide, and the debt ratio will continue to grow, estimates the Ministry of Finance in its economic forecast published on 18 December.

20.4.2026 | The Government has submitted a Europe communication to Parliament concerning the European Affordable Housing Plan published by the European Commission on 16 December 2025. The Europe communication describes the main content of the plan and presents Finland’s opinion regarding it. Finland recognises the importance of a well-functioning housing market but points out that challenges related to housing vary a great deal between Member States.

2.9.2025 | The Government of Prime Minister Petteri Orpo has reached a decision on its budget proposal for 2026. The Government’s decisions aim to support economic growth, which is picking up. Supporting economic growth and continuing responsible fiscal management is necessary to ensure the security of people in Finland and safeguard their access to important services going forward.

17.6.2024 | The economic recession is receding, and growth is gradually resuming. General government finances will, however, remain in deficit and debt will accumulate further, according to the forecast published by the Ministry of Finance on 17 June.

10.3.2026 | The Ministry of Economic Affairs and Employment has adopted the financial statement of the National Nuclear Waste Management Fund for 2025 and decided on the recognition of the profit of the Fund as revenue. The Fund consists of two separate assets, the Financial Provision Fund and the Research Fund for Nuclear Waste and Nuclear Safety Research, which focuses on expertise in the nuclear energy use.

23.4.2025 | Prime Minister Petteri Orpo’s Government has agreed on the General Government Fiscal Plan for 2026–2029. The decisions focus on reinforcing the conditions for economic growth and enhancing the security of Finland and the Finnish people. At the same time, the Government will ensure that public finances are sustainable. The growth package will be financed responsibly through measures to increase general government revenue and reduce expenditure.

25.4.2024 | Finland’s economy will recover from recession, but public finances will remain in deficit. Finland’s debt ratio will continue to grow, but more slowly, according to the Economic Forecast published by the Ministry of Finance on 25 April.

18.2.2026 | According to a report by the Ministry of Social Affairs and Health, the gap between wellbeing services counties’ operations and finances widened in 2025. This trend is also expected to continue in the coming years. The underlying reasons include population ageing, an increase in service needs and uneven regional migration.

13.11.2025 |  

5.12.2025 | In its meeting on Friday 5 December, the Ministerial Committee on European Union Affairs discussed the European Commission’s proposal for the EU’s next multiannual financial framework and the agendas for four upcoming council meetings.

25.3.2026 | A study describing the alternatives and costs of nuclear energy promotion as well as its effects on the electricity market has been published. The report commissioned by the Ministry of Economic Affairs and Employment and produced by AFRY Management Consulting Oy was submitted to Minister of Climate and the Environment Sari Multala on 25 March 2026.

30.4.2025 | The General Government Fiscal Plan guides the planning public finances. It covers central government, wellbeing services counties, municipalities, statutory earnings-related pension funds and other social security funds.

22.9.2025 | The Finnish economy is slowly recovering from recession, with weak employment and economic uncertainty keeping households cautious. The general government debt ratio will stabilise briefly, but not permanently, at the end of the parliamentary term, estimates the Ministry of Finance in its forecast published on 22 September.

12.12.2025 | Moody’s announced that Finland’s ratings are still at the second highest level, Aa1, and Finland's outlook is stable.

10.12.2025 | The wellbeing services county reform is progressing towards the set objectives throughout Finland, but there are still many issues left to address. This is according to a broad-based interim evaluation of the wellbeing services county reform made by an independent expert group.

19.1.2026 | The International Monetary Fund (IMF) published its annual report on the Finnish economy on Monday 19 January. According to the IMF, efforts to strengthen public finances will have to continue for several years.

25.4.2024 | The General Government Fiscal Plan covers central government, wellbeing services counties, municipalities, and statutory earnings-related pension funds and other social security funds.

17.12.2025 | Finland will participate in the 17th replenishment of the African Development Fund (AfDF-17) to support sustainable economic growth in the poorest countries on the continent. The objective of the African Development Fund (AfDF) is to reduce poverty by promoting the economic and social development of African countries. Finland is also involved in supporting Africa’s debt sustainability.

23.9.2024 | The Government has submitted its proposal for the 2025 Budget and related legislative proposals to Parliament. In the 2025 Budget, central government expenditure amounts to EUR 88.8 billion and revenue to EUR 76.6 billion, with a deficit of EUR 12.1 billion.

4.12.2025 | Finland is on the path to achieving the emission reduction targets for the effort-sharing sector for the period 2021–2030, set jointly in the EU. On 4 December 2025, the Government gave a Report to Parliament on the Medium-Term Climate Plan that sets out the measures to boost emission reductions.

30.4.2025 | The Finnish economy is expected to grow, but the trade war may substantially slow down growth. In its forecast published on 30 April, the Ministry of Finance warns that general government finances remain weak, and that Finland has few buffers to reduce the impacts of a trade war.

10.11.2025 | The International Monetary Fund (IMF) estimates that Finland should consolidate general government finances by about EUR 1.5 billion annually. Consolidation should be continued until the fiscal balance is closed and debt begins to decline. The IMF published its statement on the Finnish economy on Monday 10 November.

16.6.2025 | Finland’s economy is recovering from recession, but trade disputes and uncertainty are delaying faster growth. Public finances are in dire need of a turnaround, as deficits remain deep and the debt ratio is threatening to rise above 90 per cent, according to the forecast published by the Ministry of Finance on 16 June.

16.4.2024 | Prime Minister Petteri Orpo’s Government has agreed on the General Government Fiscal Plan for 2025–2028. The Government has made decisions that will improve the sustainability of public finances and create conditions for reversing the trend in indebtedness. The decisions aim to safeguard the key factors for future prosperity: employment, security, and knowledge and competence. Fairness has been one of the guiding principles of the decisions.

15.6.2022 | The voice of immigrants and multilingual Finns is not being heard in decision-making and public debate. A report published today by the Advisory Board for Ethnic Relations (ETNO) examines what kind of barriers to participation and exerting influence in society there are among immigrants and multilingual Finns and presents solutions for removing them.

31.12.2025 | Fellow citizens, The darkest part of winter is now behind us – every day is a little bit longer than the last. Winter storm Hannes, which raged through Finland, has now subsided. I would like to thank the authorities and everyone else who has worked hard to repair the damage caused by the storm. We can be proud of the way Finland comes together in these situations.

3.9.2024 | The 2025 budget proposal of Prime Minister Orpo's Government bolsters conditions for economic growth. Economic growth driven by the private sector will also serve to secure the financing base for central government finances. The fast-acting measures to curb indebtedness that were decided on due to the difficult situation in central government finances will move forward.

26.7.2025 | On Friday 25 July, the Fitch credit rating agency lowered the rating of Finland’s central government debt by one grade from AA+ to AA. Finland’s outlook is now rated as stable.

19.9.2023 | In its first budget session, the Government of Prime Minister Petteri Orpo decided on solutions that will return Finland to a sustainable growth track. The Government will launch structural reforms to boost employment and growth, which will have positive impacts on general government finances in the next few years. In addition, the Government decided on consolidation measures.

19.9.2023 | In its first budget session, the Government of Prime Minister Petteri Orpo decided on solutions that will return Finland to a sustainable growth track. The Government will launch structural reforms to boost employment and growth, which will have positive impacts on general government finances in the next few years. In addition, the Government decided on consolidation measures.

30.4.2025 | Finland is requesting that the EU activate the national escape clause in the EU’s fiscal policy rules in order to increase defence spending. The majority of EU Member States are likely to request activation of the escape clause.

9.10.2023 | The Government submitted its budget proposal for 2024 to Parliament along with the related legislative proposals and the General Government Fiscal Plan, which covers 2024–2027.

25.3.2025 | The first issue of the Kauppapolitiikka magazine in 2025 delves deep into current events in international trade and politics. Why is the world economy buzzing, and who wins most when geopolitics change?

8.8.2024 | The Ministry of Finance’s draft budget for 2025 implements the Government’s policies to strengthen general government finances. The draft budget totals EUR 88.1 billion and shows a deficit of EUR 12.2 billion.

19.12.2024 | Finland’s economy has returned to growth this year, and growth is expected to accelerate next year, according to the forecast published by the Ministry of Finance on 19 December.

23.5.2025 | The OECD sees vast potential for clean economic growth in Finland. However, structural reforms will be required to realise this potential. Among other things, the OECD recommends that Finland boost higher education, attract high-skilled immigrants and improve incentives for investments. Further adjustments to public finances are necessary due to rising defence spending.

13.3.2025 | The Ministry of Economic Affairs and Employment has adopted the financial statement of the National Nuclear Waste Management Fund for 2024 and decided on the recognition of the profit of the Fund as revenue. The Fund consists of two separate funds, the Financial Provision Fund and the Research Fund for Nuclear Energy Expertise.

27.9.2021 | The 2022 budget proposal envisages a total of some EUR 1,566 million for the main title of the Ministry of the Interior. This total includes EUR 856 million for policing, some EUR 280 million for the Finnish Border Guard, EUR 87 million for rescue services and the Emergency Response Centre Administration, and EUR 160 million for immigration.

21.5.2024 | In its meeting on Tuesday 21 May, the Government agreed on the second supplementary budget proposal for the current year. The proposal supports the Government’s objective of keeping the general government deficit under 3.5 per cent of GDP in 2024.

9.4.2025 | Prime Minister Orpo’s Government has set an objective of adjusting public sector activities to ensure that the national economy is on a sustainable footing. At the moment, it looks like it will be difficult to achieve this objective over the next few years though. The decision-makers in the wellbeing services counties are in a key role here. Reaching fiscal balance in general government finances is essential.

19.12.2024 | The Ministry of the Interior has issued decrees on fees charged by the police and the Finnish Security and Intelligence Service. The decrees will enter into force on 1 January 2025.

8.11.2024 | The International Monetary Fund (IMF) recommends further adjustments to public finances and continued structural reforms for Finland. The IMF published its statement on the Finnish economy on Friday 8 November.