Juha Majanen from the Ministry of Finance on Sunday told the Finnish news agency that ministries and government agencies may have to lower their headcount significantly to reach the government-imposed savings target.
“We didn’t solve any intricate questions today, but we established a shared understanding of where the country is,” Petteri Orpo, the chairperson of the National Coalition, summarised to the media after day one of the coalition formation talks.
Officials at Finland’s Ministry of Finance on Monday released their assessment of alternatives for balancing public finances. The list includes raising the value-added tax on food and moderating index-based increases in earnings-related pensions and other benefits.
The report does not take a view on whether or not upgraded or new rail connections to Turku, Tampere and Kouvola should go ahead, but evaluates their impact on finances and emissions.
Minister of Finance Annika Saarikko (Centre) on Wednesday floated the idea of reinstating the tax deduction for interest rate costs as a means to help households cope with rising interest rates. The deduction had been abolished at the beginning of the year after years of gradual phasing out.