Government support expedited the economic recovery in 2021. The chosen supportive fiscal stance for 2022 is appropriate given worsened economic outlook. To preserve sustainability a plan about consolidating public finances should be devised without delays.…
Automatic stabilization and additional support by the government helped to limit economic losses in 2020. The chosen support measures for 2021, including providing financing to fight the corona crisis, are adequate. We need a credible…
The current forecast is that growth in the Finnish economy in 2020 is expected to be around 1 per cent, and growth in future years will be of the same magnitude. Growth is not slower…
Despite reduction in government deficit and improvement in employment the sustainability problem remains unchanged. The social and health care reform will not fix this. The deficit continues to decrease, but from a long run perspective…
Improved economic growth and favorable development of the labor market situation have improved the state of public finances. In the current state of the business cycle, the government should adopt a stricter fiscal policy. The…