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22 September 2008
The Minister for Finance Anders Borg with the Budget Bill for 2009

The budget for 2009: Putting Sweden to work - safeguarding welfare

On September 22 the Swedish Government presented the Budget Bill for 2009, containing reforms for jobs, the future and welfare. By initiatives totalling SEK 32 billion the Government is acting to mitigate the effects of a weaker economic environment, permanently raise the level of employment and strengthen welfare. The Government's aim is to meet current problems and in the same time prepare Sweden for the future.

25 July 2008

The Swedish State Divests the Beam Shares and Finalises the Vin & Sprit Sale for SEK 58 bn

Following the closing of the sale of Vin & Sprit yesterday to Pernod Ricard, the Swedish State has agreed on the terms of Fortune Brand's repurchase of the shares in the American liquor company Beam (Beam Global Spirits & Wine, Inc).

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Areas of responsibility

  • Banks, securities and insurance

    Banks, securities and insurance are the hub of the economy. The financial system acts as an intermediary for payments.

  • Central government budget

    The Government uses the budget to lay down the direction of economic policy in the Spring Fiscal Policy Bill and the Budget Bill.

  • County administrative boards

    The county administrative board is a government agency that represents the Riksdag and Government in the county.

  • International cooperation

    The Ministry of Finance is responsible for Swedish participation in international economic and financial cooperation.

  • Local authorities

    The Ministry of Finance is responsible for the general legislation applying to different types of local authorities.

  • Public administration

    The Ministry of Finance is responsible for all aspects of public administration, from pensions to population and housing censuses.

  • Taxes

    The tax system should be simple, fair and inspire confidence. The Ministry of Finance formulates proposals for legislation on taxes.