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Home BUSINESSGovt focuses on expertise, bio-economy in billion euro investment
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Tue, 01 Sep, 2015 12:02:33 AM
Rinne finds lack of concreteness in govt project
FTimes – STT Report, Sep 1
 
 
The government revealed how it will distribute the one billion euro pot in various projects at a press conference held at the prime minister’s official residence Kesäranta. Each project will be overseen by a minister.
 
The government has allocated 300 million euros for respective projects in matters regarding expertise and education as well as in bio-economy and clean energy solution.
 
Employment and competitiveness will be improved by 170 million euros.
 
Well-being and health will be supported by 130 million euros, whereas 100 million euros will be used in the reform of practices.
 
Prime Minister Juha Sipilä revealed that the funding for the projects will come from income accrued from state property such as sales and dividend. The premier, however, refused to divulge more information in this regard.
 
During the briefing, Sipilä said there needed to be pruning, since at least 2 billion euros would have been needed to back good projects.
 
Finance Minister Alexander Stubb and Justice and Labour Minister Jari Lindström were also present at the press conference.
 
Perussuomalaiset (Finns Party) chair Timo Soini was not present, as he is currently attending a climate conference in Alaska, United States. 
 
In addition to the five top projects, the government is planning to implement the pension reform, the social welfare and health reform, scaling down the tasks and obligations of municipalities as well as reforms in the regional and central administrations.
 
The ministers also gave a briefing on the current situation of the social welfare and health care reform.
 
According to Sipilä, the next steps are the political decision, funding and the number of regions.
 
Antti Rinne, the leader of the largest opposition party Suomen Sosialidemokraattinen Puolue (Social Democratic Party of Finland), said the leading projects presented by the government lacked concreteness. 
 
Furthermore, Rinne pointed out the government’s cost cuts in education and expertise are significantly less than what is being invested. The government is planning to cut education funding by around 600 million euros in the near future.
 
Still, Rinne considered it a good thing that the plans have been unveiled at the right time and hoped the projects become successful and give the country a boost.
 
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