HELSINKI: Finance Minister Alexander Stubb (right.), Prime Minister Juha Sipilä and Justice and Labour Minister Jari Lindström at the press conference in Helsinki on Monday.
The government on Monday announced an allocation of a billion euros in its top projects for the years 2016 to 2018. 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.
