The 2019 Draft Budget of the Ministry of Economic Affairs and Employment: Further investments in innovation funding
(WorldNews Finland)

The 2019 Draft Budget of the Ministry of Economic Affairs and Employment focuses on a growth policy that supports the attainment of the Government`s employment and growth goals. The Ministry of Economic Affairs and Employment proposes EUR 2,553 million as main title appropriations; this is almost EUR 270 million less than in the approved Budget for the current year. The key reasons for reduced costs are that it is no longer necessary to allocate funding to the Government`s fixed-term (2016-2018) key projects (- EUR 112 million), the elimination of the costs of export refinancing loans due to their early repayment (- EUR 97 million), the decrease in public employment and business services...