Security and Responsible Growth

Proposed by Modern Alliance Of Sveria · Passed 2 Mar 2020

✅ Passed

Rationale

This supplementary budget delivers on our commitment to strengthen housing while maintaining responsible public finances. It increases investment in housing, healthcare, pensions, public safety, national defence and business support, ensuring families receive better support without sacrificing fiscal discipline. Even after these targeted investments, Sveria will continue to run a budget surplus, reduce national debt and strengthen the foundations for long-term economic growth and prosperity. Prepared by the Government of Sveria.

Figures show the previous budget where they changed the new value.

Annual Taxes

Earning band Tax rate
Personal income tax: Low earners 20%
Personal income tax: Medium earners 23%
Personal income tax: High earners 32%
Personal income tax: Elite earners 38%

Annual Spending

Category $ per capita Amount
Social Welfare $1,016 $12.6bn
Retirement $2,718 $2,782 $33.7bn $34.5bn
Healthcare $2,306 $2,355 $28.6bn $29.2bn
Education $1,976 $24.5bn
Housing $427 $605 $5.3bn $7.5bn
Justice, Police & Internal Security $823 $847 $10.2bn $10.5bn
Defence $790 $806 $9.8bn $10.0bn
Environment & Climate $290 $3.6bn
Business Support $734 $742 $9.1bn $9.2bn
Arts, Culture & Media $339 $347 $4.2bn $4.3bn
Foreign Aid $48 $0.6bn
Roads & Highways $588 $7.3bn
Public Transport & Rail $470 $5.8bn
Energy Infrastructure $353 $4.4bn
Ports & Airports $235 $2.9bn
Total $162.6bn $166.9bn

Vote tally

Union Parliament

Passed
277Yes 0No 0Not voted 277 seats

For: 277 / 277 filled seats (100.0%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 0

Party Seats Vote
Modern Alliance Of Sveria Proposer 277 Yes
National Development 122 Not voted
National Liberty League 206 Not voted
Sveria Socialists United 185 Not voted
Workers Democratic Alliance 187 Not voted

National Parliament

Passed
134Yes 0No 0Not voted 134 seats

For: 134 / 134 filled seats (100.0%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 0

Party Seats Vote
Modern Alliance Of Sveria Proposer 134 Yes
National Development 22 Not voted
National Liberty League 61 Not voted
Sveria Socialists United 65 Not voted
Workers Democratic Alliance 52 Not voted

Voting record

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