Sweden's Moderates propose 70 billion SEK funding plan

Sweden's Moderate Party has unveiled its strategy to finance its election pledges, aiming to save approximately 70 billion SEK. Finance Minister Elisabeth Svantesson emphasized that the funding will not burden hardworking individuals. The party's proposal centers on reducing bureaucracy, curbing benefit fraud, and implementing a stricter labor market policy.

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It should not be financing that hits hardworking people hard.

"Bureaucracy cannot cost whatever it wants – its price must come down," Svantesson stated. The plan involves saving 40 billion SEK through reduced administrative costs for state agencies, establishing a waste commission, and improving procurement processes. An additional 21 billion SEK is targeted from a "stricter labor line," which includes lowering unemployment, reducing taxes on labor, and adjusting unemployment benefits.

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Bureaucracy cannot cost whatever it wants – its price must come down.

The party also aims to save 10 billion SEK by tackling benefit fraud, with Svantesson noting that authorities now have the necessary tools to achieve this. Beyond these savings, the Moderates propose reallocating some foreign aid towards domestic welfare and defense. "We need to shift some of the foreign aid to Sweden and do what is necessary here at home to build Sweden," the finance minister explained.

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We need to shift some of the foreign aid to Sweden and do what is necessary here at home to build Sweden.

Addressing potential negotiations with other parties, Svantesson expressed confidence in her ability to implement many of the proposals. "I understand that I will not get everything through, but I will get a lot through. Because I am good at it," she asserted, highlighting the party's alignment with other groups on key issues like crime reduction, defense, and increasing citizens' disposable income.

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I understand that I will not get everything through, but I will get a lot through. Because I am good at it.