#Sweden #Stockholm #Coronavirus
The Swedish government wants to lead the domestic economy out of the corona crisis with record aid. For 2021, an economic stimulus package of 105 billion kroner, equivalent to around 10.1 billion euros, is to be put together,
They announced on Monday. This consists of tax cuts for citizens and companies, but also increased government spending - for social welfare, for example. The aim is to create 75,000 new jobs and promote a more climate-friendly economy.
"Economic policy is entering a new phase," said Treasury Secretary Magdalena Andersson. "It's about a record-breaking budget to get the Swedish economy going again: 100 billion so we can work our way out of the crisis."
In the current year, the government expects a decline in gross domestic product of 4.6 percent, which means that Sweden would get through the corona crisis better than many other countries. For comparison: the federal government expects a minus of 5.8 percent for Germany.
However, not everything is okay. The unemployment rate is currently 9.4 percent, well above the EU average of 7.2 percent. It is particularly high among young people and immigrants.
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