Arab Today, arab today sweden to boost government spending next year
Last Updated : GMT 16:55:22
Arab Today, arab today
Arab Today, arab today

Sweden to boost government spending next year

Arab Today, arab today

Arab Today, arab today Sweden to boost government spending next year

Stockholm - AFP

Sweden\'s government said Friday it would stimulate the economy next year through reforms worth 25 billion kronor (2.9 billion euros, $3.9 billion) in next year\'s budget. Most of the stimulus would come in the form of tax cuts, Finance Minister Anders Borg said at a government budget meeting in Harpsund outside Stockholm. The Nordic country bounced back quickly from the financial crisis, but Borg said he wanted to avoid over-taxing households as the European crisis continue to \"weigh\" on the economy. \"The reasonable starting point is to support growth and households, and we see their situation improving,\" he said. The boost was \"expected in view of the election\" next year, Annika Winsth, chief economist at Nordea, wrote on Twitter. The Swedish government raised its growth forecast for next year to 2.5 percent from 2.2 percent and left its prediction for this year unchanged at 1.2 percent. The centre-right coalition has been in power since 2006 but had to form a minority government in 2010 after the anti-immigrant Sweden Democrats entered parliament, erasing its parliamentary majority, and is currently struggling in the polls. Voters are especially concerned about the historically high level of unemployment in Sweden, which Borg expected to drop to 8.1 percent next year after averaging 8.4 percent this year.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sweden to boost government spending next year Arab Today, arab today sweden to boost government spending next year

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sweden to boost government spending next year Arab Today, arab today sweden to boost government spending next year

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday