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Spring budget

Social Dems announce budget proposals

Published onsdag 25 april 2012 kl 12.51
Social Democrat party leader Stefan Löfven and political and financial spokesperson Magdalena Andersson present parts of their spring budget. Photo: Leif R Jansson/Scanpix.

The Social Democrats presented some proposals from their spring budget at a press conference on Wednesday.

The party's leader, Stefan Löfven, and political and financial spokesperson Magdalena Andersson announced that around $300 million dollars of the budget will be spent on job and education reforms.

According to news agency TT, they plan on introducing what they call an "education contract" for young people, which includes ensuring that everyone under the age of 25 gets a high school education.

They also suggest the creation of "trainee jobs" for people up to the age of 29, the goal being to get Sweden's rising number of unemployed people into full-time work.

Lövfen said at the conference, "those without a high-school education are drifting further and further away from the job market. We want to prevent this."

The budget will be announced in full next week.

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