Government disregarded the necessary structural reforms in the budget session

The Finnish Commerce Federation is disappointed that the Government still did not address Finland’s structural problems in its budget session. Challenges related to the multiple tax wedge as well as incentives related to unemployment security and work were overlooked. The Government’s temporary measures to compensate for the increased energy costs of households are welcome, but the high electricity tax on the commerce and service sectors and the possibility of utilising the huge potential of waste heat in the commerce sector were completely ignored.