Ministry of Finance
SvenskaAnders Borg and Gunilla Carlsson present this year' World Bank report on gender equality as smart economics
On 31 January, Minister for Finance Anders Borg and Minister for International Development Cooperation Gunilla Carlsson are to present the World Development Report 2012 in Stockholm, together with the report' principle author, Dr Ana Revenga (World Bank).
Proposal on higher capital adequacy requirements to reduce vulnerability of the Swedish economy
The Government is to propose higher capital adequacy requirements for systemically important banks in an effort to strengthen the stability of the Swedish banking system and reduce the vulnerability of the Swedish economy. The proposal means that the banks are to have core Tier 1 capital equivalent to at least 10 per cent of risk-weighted assets in 2013 and 12 per cent of risk-weighted assets in 2015. Minister for Financial Markets Peter Norman will give a more detailed presentation at a press conference today.
Framework for state budget set by the Riksdag
The Riksdag set the framework for Sweden's state budget 2012 on 23 November. This first decision concerning the Budget Bill means that the Riksdag has adopted the Government's proposal for the direction of fiscal policy, estimated central government revenues and financial frameworks for the 27 expenditure areas.
The Riksdag considers the Government's budget proposal in two stages. In the first stage, the Riksdag takes a decision on the framework for the state budget and, in connection with this, an economic policy debate is held in the Riksdag. The next stage involves the Riksdag taking a decision on how expenditures are to be distributed in each individual expenditure area. This work continues until the end of December. The Budget Bill is finalised when the Riksdag has taken decisions on all 27 expenditure areas. The preliminary date for this is 20 December.
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23 November 2011
Anders Borg ranked as the best EU-finance minister 2011
Ministry of Finance
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