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28.6.2024 | On 24 June, the Ministerial Committee on Economic Policy decided that the Ministry of Finance would continue preparing a tax subsidy for large industrial investments that promote the clean transition. This tax subsidy would accelerate investments in the green transition.

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.

19.9.2022 | The Government proposes that the application periods should be extended for the purchase subsidies for electric and gas-fuelled vans and trucks. In contrast, the application periods would be shortened by three months for the purchase subsidy for fully electric cars, i.e. battery electric vehicles (BEVs), and the conversion subsidy for passenger cars, as the Government has not allocated an appropriation for these schemes for 2023. The application periods would close on 31 December 2022.

27.3.2026 | The Ministry of Transport and Communications and the Ministry of Finance have completed a joint outlook review of the current state of transport taxation and financing, and options for reform. The review report is the first part of the Government’s comprehensive reform of transport taxation and financing set out in the Programme of Prime Minister Petteri Orpo’s Government.

19.9.2022 | The Government proposes that the application periods should be extended for the purchase subsidies for electric and gas-fuelled vans and trucks. In contrast, the application periods would be shortened by three months for the purchase subsidy for fully electric cars, i.e. battery electric vehicles (BEVs), and the conversion subsidy for passenger cars, as the Government has not allocated an appropriation for these schemes for 2023. The application periods would close on 31 December 2022.

19.9.2022 | The Government has submitted a proposal to Parliament on a pay subsidy reform with the aim of promoting the employment of people in a vulnerable labour market position and increasing the use of pay subsidies, especially by businesses.

10.10.2025 | On Friday 10 October, the Government submitted its third supplementary budget proposal for 2025 to Parliament. Among other things, the proposal sets aside an appropriation for investments in the preparedness of the Finnish Defence Forces’ healthcare services for emergency conditions and updates the tax revenue estimates to correspond to the latest forecast. 

13.1.2022 | A new study published on 13 January shows that the most effective support policy for research and development is to allocate subsidies to businesses with high R&D productivity or innovation capacity. Uniformly targeted subsidies – which in practical innovation policy are similar to R&D tax incentives – also bring about substantial growth, albeit to a lesser extent than selectively targeted innovation subsidies.

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.

23.10.2025 | The electricity tax on power used in data centres will move from the lower electricity tax category II to the general category I as of 1 July 2026. The general category tax is 2.24 cents per kilowatt-hour, compared to 0.05 cents in the lower category. This means the change will increase the electricity tax on data centres by 2.19 cents per kilowatt-hour. The reform will raise central government electricity tax revenue by EUR 47 million annually at 2026 levels.

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.

10.9.2025 | FINNISH GOVERNMENT PO Box 23, FI-00023 Government, Finland vn.fi/en Tel. +358 295 16001 VALTIONEUVOSTO PL 23, 00023 Valtioneuvosto vn.fi p. 0295 16001 1(4) Budget session of Prime Minister Orpo’s Government on 1–2 September 2025 Entries in the mee...

22.9.2025 | The Ministry of Education and Culture’s proportion of the 2026 budget proposal is EUR 8.9 billion, which is some EUR 4.4 million more than in the 2025 Budget. Despite continued pressure on general government finances, the proposal maintains investment in education, research and competence.

25.1.2021 | In its spring 2021 budget session, the Government will discuss possible plans to expand the tax credit for household expenses. However, a new study shows that the tax credit is not an effective means to increase employment or prevent tax evasion.

24.4.2020 | In its negotiations on 24 April, the Government heard a report on the situation in the restaurant sector. The Government held a preliminary discussion on compensation for the losses incurred due to restaurant closures.

22.9.2025 | The Finnish Government proposes EUR 14.8 billion in appropriations for the Ministry of Social Affairs and Health and its branch of government for 2026. This is about EUR 0.5 billion less than in the 2025 Budget.

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.

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...

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.

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.