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24.4.2026 | Credit rating agency S&P Global Ratings revised its outlook of Finland’s credit rating to negative and affirmed the rating as AA+. Finland’s rating is the second highest on the scale. Minister of Finance Riikka Purra was not surprised by S&P’s decision.

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

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.

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.

11.12.2025 | The central government is taking out more debt this year than budgeted. The key underlying reason is the growth of cash collateral requirements over the course of the year.

23.4.2025 | 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(7) Putting Finland on a path to growth Making Finland the most attractive destination for inve...

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.

26.4.2024 | Prime Minister Orpo’s Government spending limits discussion 15–16 April 2024 Tax measures Total impact on general government finances including dynamic effects (rough estimate, not calculated for all measures), Impact on tax revenue (static effect...

25.8.2025 | "Finland is advancing the interests of Finland and Finnish businesses in a proactive and forward-looking way, also in the midst of ongoing changes."

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...

25.8.2025 | Speech by Prime Minister Petteri Orpo at the Annual Meeting of Heads of Mission in Helsinki on 25 August 2025. Speech to be checked against delivery.

8.3.2024 | The aim of updating the strategy is to reduce debt management risks and simplify operations.

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.

25.8.2023 | The proposal of the Ministry of Finance for the 2024 budget and spending limits for 2024–2027 ensures implementation of the policies in the Government Programme. The budget proposal totals EUR 87.2 billion, and a deficit of EUR 10.1 billion is proposed. The budget total is EUR 3.7 billion higher than the total budgeted for 2023, including the first supplementary budget. The budget proposal will be published in full at budjetti.vm.fi on Monday 28 August.

21.11.2024 | On Thursday 21 November, the Government submitted its proposal to Parliament to amend the budget proposal for 2025. Some items in the proposal concern the Government's EUR 4 billion investment programme. The proposal will increase the revenue estimate by EUR 67 million and the requirement for appropriations by EUR 405 million.

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.

16.6.2022 | In future, new housing loans would have to be repaid in a maximum of 30 years. The Government is also proposing limitations on loans to housing companies.

2.2.2023 | The Government submitted the first supplementary budget proposal for 2023 to Parliament on Thursday 2 February.

2.2.2023 | The Government submitted the first supplementary budget proposal for 2023 to Parliament on Thursday 2 February.

20.3.2020 | On 19 March 2020, the European Commission issued a communication on its Temporary Framework which considerably relaxed the EU State aid rules, thereby enabling Member States to effectively respond to the exceptional economic difficulties caused by the COVID-19 outbreak. The measures introduced under the communication would be temporary and in force until the end of 2020. The purpose of the Tempor...