Borg took an opportunity to announce long-term, necessary investments that include reforms totalling 22.7 billion kronor (26.3 billion euros) aimed at stimulating growth and employment next year, including investments in infrastructure, research, and development and programmes to improve job opportunities for young people. He also shared the plans of cutting the corporate tax rate from 26,3% to 22% to improve prospects for new investments.
According to his presentation it is expected that Sweden will have a strong economic growth rate from 2011 to 2014: 3.9 percent in 2011 and a slight drop in 2012 with 1.6 percent only will turn up into 2.7 percent next year, and 3.7 percent in 2014. The government also expects unemployment to drop from 7,5 percent next year to 6,7 percent in 2014 taking into account new 17 000 jobs. Borg also stated. ” We have much higher growth numbers than the rest of Europe. And we haven´t had any umpleasant surprises in our public finances.”
Market Access with a permanent representative Sanna Nilsson in Stockholm has organised several business trips to Nordic countries and developing consultant projects for Swedish companies in recent years.