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Sweden's Moderates outline 70 billion kronor savings to fund election pledges
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The Local Sweden
Sweden's Moderate Party have claimed they will fund their election promises by changing Sweden's A-kassa unemployment benefits, cutting unemployment levels, reducing welfare fraud, and cutting bureaucratic waste in government agencies.
"None of funding should be obtained in a way that affects hard-working people," Finance Minister Elisabeth Svantesson, said as she announced plans to make budget savings of 70 billion kronor.
It hopes to save a further 21 billion kronor through reducing structural unemployment, reducing taxes on labour, and by making "adjustments" to A-kassa, Swedens' system of government-subsidised unemployment insurance.
Advertisement"We have presented election pledges worth 68 billion kronor.
In addition to these savings, which add up to 70 billion kronor, the party wants to moving spending from international aid to welfare and defence.