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Swedish Budget Consolidation in the 1990 :s Jens Henriksson, IMF

Swedish Budget Consolidation in the 1990 :s Jens Henriksson, IMF. Public Finances per cent of GDP. Gross Debt OECD Economic Outlook, December 1994 per cent of GDP. Ten Lessons on Budget Consolidation. Sound public finances - a prerequisite for growth One in debt is not free

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Swedish Budget Consolidation in the 1990 :s Jens Henriksson, IMF

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  1. Swedish Budget Consolidation in the 1990:sJens Henriksson, IMF

  2. Public Financesper cent of GDP

  3. Gross Debt OECD Economic Outlook, December 1994per cent of GDP

  4. Ten Lessons on Budget Consolidation • Sound public finances - a prerequisite for growth • One in debt is not free • Somebody has to take the lead • Set goals and stick to them • Design it as a package

  5. Ten Lessons on Budget Consolidation • Act structurally and consistent • Don’t leave the problems to the local authorities • Honesty towards citizens and markets • One message • Stick to it!

  6. Public Savingsper cent of GDP

  7. The OutcomeGross Debt, per cent of GDP

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