Iltalehti has secured a copy of a report from a parliamentary working group that outlines an agreement reached by Finnish political parties concerning the management of public debt. The only dissenting group was the Left Alliance, which expressed a differing opinion on the matter. The official release of the report is expected on Wednesday, and it provides a framework for how debt levels will be controlled from 2027 to 2033.

The working group has set an average deficit target of approximately three percent of the Gross Domestic Product (GDP) for the years 2027 to 2033. Although the deficit may exceed three percent in some years, it is agreed that it should be lower in other years, balancing out over the set timeframe. For the year 2031, the report suggests a more ambitious deficit target of 2–2.5 percent of GDP, indicating a need for budgetary adjustments ranging from €8 to €11 billion by that year.

As each government will determine the specific measures required to meet these targets, there are expectations of direct spending cuts on the horizon. This agreement highlights a significant shift in fiscal policy in Finland as parties align to address rising levels of public debt, showcasing the challenges and responsibilities the government faces in the coming years to ensure economic stability and fiscal responsibility.