"Historic" budget spends billions on work and welfare

3:25 min

Sweden's finance minister today presents what she calls a "historic" budget of over SEK 100 billion, with many measures relating to the corona crisis.

Social Democrat finance minister Magdalena Andersson says the country is in a unique situation, and this budget aims to take Sweden through the crisis and re-start the Swedish economy. She says the budget is historic in its size.

This year's budget proposal is around three times as big as in a normal year. Some of the money is expected to come from the EU Recovery Fund. Many of the individual plans have been released by the government and its parliamentary partners over the past few weeks.

Click on the play button to hear details of the spending plans.