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World

Swedish Finance Minister says extra COVID measures to cost 63bn SEK in 2021

  • Never before have Swedish tax-payers rescued so many jobs in the private sector.
  • The government has extended measures such support for company employees on furlough and for lost revenues through February and, in some cases, to June.
Published January 25, 2021 Updated January 25, 2021 05:56pm
By

STOCKHOLM: New measures and extensions to existing COVID support will cost around 63 billion crowns ($7.61 billion) in 2021, bringing the total cost of efforts to support the economy through the pandemic to 374 billion crowns, the government said on Monday.

"Never before have Swedish tax-payers rescued so many jobs in the private sector," Finance Minister Magdalena Andersson told reporters during a news conference.

The government has extended measures such support for company employees on furlough and for lost revenues through February and, in some cases, to June.

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