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Assessment of public finances 2017 : Overall positive sentiment will not resolve structural problems in public finances
(18.12.2017)
Bank of Finland. Bulletin 5/2017
Bank of Finland. Bulletin 5/2017
Finland’s rapid economic growth in 2017 has notably improved the situation for the public finances. With the cuts in taxes related to the Competitiveness Pact, fiscal policy will ease in 2017 and 2018 and the structural ...
Assessment of public finances 2021 : Time for fiscal policy to refocus on the future
(02.02.2022)
Bank of Finland. Bulletin 5/2021
Bank of Finland. Bulletin 5/2021
Managing the consequences of the COVID-19 pandemic still requires a lot of work, but in many sectors of Finland’s economy the engines are already firing on all cylinders. The elevated structural deficit in the country’s ...
Assessment of public finances 2019
(17.01.2020)
Bank of Finland. Bulletin 5/2019
Bank of Finland. Bulletin 5/2019
Sound fiscal policy should be conducted keeping in mind the economy’s long-term challenges. Finland's population structure is becoming increasingly unfavourable on account of its declining working-age population and growing ...
Editorial : Finland’s economic transition still incomplete
(17.12.2019)
Bank of Finland. Bulletin 5/2019
Bank of Finland. Bulletin 5/2019
The Finnish economy is still going through a period of transition in which it has to adjust to two large structural realignments. One of these concerns the ageing population. The other comprises the shocks to the economy ...
Assessment of public finances 2020 : Attention should already be turned to the post-crisis years
(12.01.2021)
Bank of Finland. Bulletin 6/2020
Bank of Finland. Bulletin 6/2020
During the acute phase of the COVID-19 pandemic, fiscal policy has been deployed to support households and businesses hit by the crisis. At the same time, fiscal stimulus has been stepped up to bolster economic recovery. ...
Assessment of public finances 2018 : Now is an opportune time to strengthen fiscal buffers
(10.01.2019)
Bank of Finland. Bulletin 5/2018
Bank of Finland. Bulletin 5/2018
Economic growth has supported the efforts to improve Finland’s general government finances in recent years. However, changes in the composition of public revenue and expenditure are hampering the achievement of a balanced ...
Editorial: Now is the time to strengthen the public finances and the foundations for productivity growth
(18.12.2018)
Bank of Finland. Bulletin 5/2018
Bank of Finland. Bulletin 5/2018
Finland's economy will continue to grow, although its pace of expansion has for the time being moved past its peak. Growth is similarly expected to continue in the euro area; however, its inflationary outlook still calls ...
Bank of Finland Bulletin: Bank of Finland articles on the economy 3/2020
(30.06.2020)
Bank of Finland. Bulletin 3/2020
Bank of Finland. Bulletin 3/2020
The worst-case scenario in the corona spring did not materialise, but we will still need stamina for the long haul 3
Forecast tables for 2020–2022 (June 2020) 7
Finland’s crisis-hit public finances need strengthening
(25.01.2023)
Bank of Finland. Bulletin 4/2022
Bank of Finland. Bulletin 4/2022
In recent years, Finland’s public finances have drifted from one crisis to the next. The pandemic, Russia’s war in Ukraine, the energy crisis and high inflation, along with continued low economic growth, have caused radical ...
Assessment of public finances 2023 : Correcting the course of the public finances even more challenging than expected
(19.12.2023)
Bank of Finland. Bulletin 5/2023
Bank of Finland. Bulletin 5/2023
The outlook for Finland’s public finances is weaker than before. Finnish economic growth will remain muted in the coming years, and the fiscal consolidation measures planned by the Government will not be enough to reverse ...