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Sweden Rolls Out $8.5 Billion Budget Featuring Tax Relief, Defense Hike Ahead of Election
Sweden plans to inject about 80 billion crowns to boost economic growth with expanded spending on defence, education, healthcare, and support for low-income families.
- The Swedish government submitted its 2026 budget bill to Parliament on Monday, September 22, 2025, proposing major economic measures and spending increases.
- The budget responded to sluggish economic growth and inflation that peaked above 10%, aiming to support recovery before a general election next September.
- Main provisions included an injection of about 80 billion crowns , tax cuts for workers and companies, higher defense spending at 3.5% of GDP, and borrowing 220 billion crowns for nuclear plants.
- The government emphasized that Sweden’s strong public finances are being leveraged to put more money into the pockets of hardworking citizens, which they believe will boost future confidence and help end the recession.
- The budget represents the largest spending bill since the COVID-19 pandemic, aiming to boost growth while keeping debt likely below 35% of GDP amid ongoing economic uncertainty.
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The Swedish government presented on Monday a 2026 budget incorporating 79 billion kroons (7.15 billion euros) of new spending, including tax cuts, to revive a fragile economy one year after the legislative elections. ...
·Brussels, Belgium
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Sweden unveils bonanza budget to boost growth with tax cuts, military spending, before election
Sweden's right-wing coalition promised an 80 billion crown ($8.5 billion) spending bonanza in its 2026 budget on Monday, saying rock-solid finances gave room to speed up sluggish growth ahead of a general election next September.
·United Kingdom
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Coverage Details
Total News Sources16
Leaning Left6Leaning Right3Center3Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 25%
R 25%
Factuality
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