Proposal for 2027 Budget submitted to Parliament

In the 2027 Budget, central government expenditure amounts to EUR 92.5 billion, which is EUR 0.8 billion higher than the sum budgeted for 2026 (including the second supplementary budget). The growth in appropriations compared with 2026 is explained, among other things, by statutory and agreement-based index adjustments and higher interest payments on government debt. At the same time, expenditure will be reduced by the reforms and spending cuts decided by the Government. Revenues in the 2027 Budget amount to EUR 80.2 billion. Central government is expected to run a deficit of EUR 12.3 billion in 2027. The deficit is EUR 1.0 billion lower than the sum budgeted for 2026, including the second supplementary budget. The estimated deficit for 2026 excludes the non-recurring revenue recognition arising from dissolution of the National Housing Fund (approximately EUR 2.3 billion), which will have no impact on borrowing. Parliament is scheduled to adopt the 2027 Budget in its plenary session in December. Inquiries: Mika Niemelä, Director General of the Budget Department, tel. +358 295 530 525, mika.niemela(at)gov.fi Annika Klimenko, Deputy Director General of the Budget Department, tel. ...