Government sets final budget plan with cuts and increased military spending

Finland’s government has agreed its final spending framework before the next election, combining cuts to health and social services with housing support, transport projects and higher defence spending. Prime Minister Petteri Orpo and Finance Minister Riikka Purra said the plan for 2027 to 2030 responds to weak growth, higher fuel costs, war in Europe and rising debt costs. At a press conference in Helsinki on Tuesday, Orpo said the government had little room to act.