In the News

Sweden Announces $1.6 Billion Added Spending as Inflation Slows

Bloomberg, April 15

Sweden’s government outlined a spending package totaling 17.3 billion kronor ($1.6 billion) as it seeks to support health care, the justice system and employment in a recession-stricken economy. The amendments to the 2024 budget come as Ulf Kristersson’s government, which has pledged to run a cautious fiscal policy that doesn’t contribute to fueling price increases, has been encouraged by a string of inflation prints that show a clear downward trend.