Sweden’s government will pump 105 billion crowns ($12 billion) into the economy
in 2021 through tax cuts and spending in a record giveaway aimed at getting the economy
back on its feet after the coronavirus pandemic-induced slump.
will shrink around 4.6% this year, the minority coalition said its budget on Monday, a milder hit than many other European countries, some of which are being forced to re-impose Covid restrictions after a surge in new cases.
The Social Democrat and Green coalition said the budget would focus would be on boosting jobs among others.