The so-called debt anchor, another essential part of the framework, is to be left unchanged, according to the committee.
I'm glad we've managed to gather such a broad majority, he adds.
A balance target would provide good margins and sufficient margins. And it would give a budget space of 25 billion per year, which can be used to address important social challenges, says Hans Lindberg.
"Stop amortizing"
Edward Riedl (M), chairman of the Finance Committee and member of the committee, is also pleased.
Today's message means that Sweden is now stopping amortization of one of Europe's lowest national debts and we are perpetuating this very low level, he says.
When Swedish politics work at their best, we agree on the frameworks, he adds, thanking for good cooperation in the committee.
He adds that the balance target means that money is freed up for important investments, including defense investments.
Fredrik Olovsson (S), vice chairman of the Finance Committee, is on the same track.
This provides a better foundation, he says.
Two parties reserve themselves
It is the Riksdag that ultimately decides on the issue of whether the surplus target should be abolished. But representatives of six out of eight Riksdag parties agree on the committee's conclusions, according to Lindberg.
The abolition comes after the surplus target was lowered to 0.33 percent in 2019. It was during the economic crisis of the 1990s that the so-called surplus target – that the state should always be in surplus – was introduced.
The surplus target that is now disappearing is set at 0.33 percent of GDP over a business cycle.
Two parties, The Left Party and The Green Party, have reserved themselves against the committee's proposal.
A historic failure, says Ida Gabrielsson (V), about the proposal.