Thursday, June 16, 2016

Coffers for Andersson – Dagens Industri

Updated 2016-06-16 18:57. Published 2016-06-16 18:57

Both the Debt Office as ESV ESV writes sharply the forecasts of a surplus in public finances this year. As late as last fall estimated the deficit. A combination of economic boom and tax increases raise the public finances. Tax revenues exceed spending more amply, despite growing records including sick leave and migration.

Magdalena Andersson budget is now expected to go plus 36 billion in 2016, according to the ESV.

But the Conservatives are is not impressed. Economic political spokesperson Ulf Krister Andersson calls the government for one eye that turns a blind eye to the needs of austerity for long-term control of runaway costs.

“That it is possible good right now, not because the government is tight but on the economic boom draws in huge tax revenues. They vary very much over the years while permanent expenses do not vary that much. “

When growth is at the top is the sense that the government should take tough decisions on structural reforms are paying off in worse times, believes ULF KRISTERSSON. He stresses that the unemployment rate increase is expected as early as next year.

“2017 will be seriously.”

The Finance Minister dismisses criticism.

“we have brought a very tight policy since we took office. We will continue to take continued responsibility for public finances, “she says.

How will the government find room for reform to achieve the EU’s lowest unemployment rate in 2020?
“It is not about using irresponsible stimulus to reduce unemployment, but about real structural measures. For example, investment in education. “

ESV predicts that State budget balance falls back to a modest 3 billion in 2017, then also a slim margin to the ceiling makes it difficult for the government to launch some further major reforms. In contrast, estimated the surplus to rise again from 2018 onwards.

Boost Treasury improves the overall public finances, ie the state, municipalities and pension together, to a surplus of 0, 1 percent of GDP this year, assesses the ESV. Until 2020, the surplus is expected to rise to 1.1 percent.

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