Finnish Prime Minister eyes budget surpluses in 2007-2011

16 Oct, 2006

Finland's Prime Minister Matti Vanhanen said on Sunday the central government budget should remain in surplus in the next term, and surpluses should be used to cut debt and increase pension buffers.
"In the next government term (2007-2011) the budget should be in surplus, like it is for 2005, 2006 and 2007," Vanhanen said in a group interview at public broadcaster YLE radio channel.
"On the current economic outlook all four years should be in surplus and when this is reached, it should be used to cut state debt and increase pension buffers," Vanhanen said. Finland's debt amounts to 60 billion euros ($75 billion). Vanhanen's centre-left government faces general elections in March 2007.

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