Svenska
News
20 November 2008

Joint statement from the Ministers of Finance in Denmark, Finland, Norway and Sweden regarding help to Iceland

The IMF Executive Board has today approved a financial package for Iceland. This is a first step to get Iceland out of its current serious financial and economic situation. The banking crisis in Iceland is of unprecedented proportions and has serious implications for the country's economy.

29 October 2008

Government takes measures to strengthen financial stability

The Government has today approved a guarantee programme that will be administered by the Swedish National Debt Office. The programme aims to secure the medium-term borrowing of banks and mortgage institutions and lower the cost of borrowing for households and companies. The Government is also giving the National Debt Office a broad mandate to intervene if individual institutions get into serious financial difficulties under the new act on state aid to credit institutions.

20 October 2008

The Swedish Government proposes plan to secure the stability of the financial system

The Government will today refer a stabilisation plan for Sweden to the Council on Legislation. The plan includes measures to secure financial stability in Sweden and to deal with the negative effects of the global financial crisis. The proposal includes the creation of a guarantee scheme to restore confidence in the markets and thereby reduce borrowing costs for households and businesses.

News archive

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.