What’s new

Parliament has taken a decision on the fifth supplementary budget for 2020. The estimates of the development of tax revenue made during the spring and summer have been adjusted in the fifth supplementary budget. The development of all estimated income and expenditure can be examined in the visualization compiled by the National Audit Office.

According to the National Audit Office (NAOF), accurate information should be available on measures aimed at balancing general government finances, and the measures should also be assessed regularly during the government term. The NAOF has published its annual report, which compiles the NAOF's most recent observations of central government and central government finances.

The coronavirus crisis has challenged the conventional ways of working within the Government and public administration. The crisis has required comprehensive management of the situation and a completely new kind of operating capability.

This week we are celebrating the European Sustainable Development Week. We at the National Audit Office of Finland support the sustainable development of central government finances, audit the national implementation of the 2030 Agenda, and develop methods in international cooperation for the audit of sustainable development.

New investments and maintenance costs should be adapted to each other in the lifecycle management of the transport network. The volume of investments should be at a level that makes it possible to maintain an appropriate service capacity in the entire transport network even in the future.

Finland is one of the first countries in the world to start developing so-called phenomenon-based budgeting to support sustainable development. The Finnish Governments have included sustainable development budgeting in their action plans. The issue has been discussed by a working group set up by the Ministry of Finance, and the Parliamentary Committee for the Future has underlined the need to promote phenomenon-based budgeting.