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Sweden Today

Swedish news in English

Wednesday, October 16, 2024

Sweden's Spring Budget Targets Healthcare and Jobs Amid Economic Struggles

Published: 2024-04-15

The Swedish government's spring budget reveals plans to tackle the ongoing economic challenges with a significant increase in spending, amounting to 16.8 billion kronor.

A substantial portion of the budget, 6 billion kronor, is allocated to the healthcare sector to prevent any job cuts due to economic reasons.

In addition, the budget addresses issues of unemployment, with Finance Minister Elisabeth Svantesson acknowledging an increase in joblessness and emphasizing the need for educational efforts to help the long-term unemployed find work.

Amidst a backdrop of falling inflation, which is expected to reach the target of 2 percent shortly, the government also hints at a shift towards more standard economic policies.

Furthermore, the budget includes funds for infrastructure improvements and support for Ukraine, showing a broad approach to both domestic and international concerns.