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Markets

Swedish govt spring budget to boost economy by 45bn Swedish crowns

  • Many of the measures in the budget had already been announced by the government.
Published April 15, 2021 Updated April 15, 2021 11:26am
By

STOCKHOLM: Sweden's centre-left government said it would boost spending on by 45 billion crowns ($5.31 billion)in its spring budget to fight the ongoing pandemic and support a shift to a fossil free economy as the crisis eases.

"Altogether expenses related to the measures taken since the pandemic began total more than 400 billion crowns," Finance Minister Magdalena Andersson said in a statement.

Many of the measures in the budget had already been announced by the government.

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