THURSDAY 12 NOVEMBER· STOCKHOLM · THE DAY IN 5 STORIES

Sweden’s caretaker government submits its 2027 budget

Elisabeth Svantesson speaking to a group of reporters outside the Ministry of Finance.
Frankie Fouganthin / CC BY-SA 4.0

Sweden’s caretaker government has submitted its budget for 2027, largely carrying existing policy into next year while negotiations over a new government remain unresolved.

Finance Minister Elisabeth Svantesson presented the budget bill on Thursday. It follows principles agreed with all parliamentary parties, intended to keep essential government activity running without setting a new administration’s political programme.

Proposed spending across the 27 expenditure areas totals SEK 1,573.2 billion, compared with SEK 1,543.3 billion in the original 2026 budget. The starting point is this year’s allocations, adjusted for prices, wages, benefit forecasts and existing legal commitments.

Exceptions preserve planned defence investment, additional prison funding and transport infrastructure spending, including projects needed for defence. The bill also includes a proposal to raise the age threshold for the enhanced earned-income tax credit for older workers.

These are proposals, not an adopted budget. Parliament must first decide the spending limits, then allocations within each expenditure area. The submission keeps that process moving while leaving the question of Sweden’s next government unresolved.

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