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Swedish finmin to announce several billion crowns in tax hikes- report

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Anders Borg

Anders Borg

Anders Borg

Sweden's finance minister is set to announce on Thursday "several billion crowns" worth of tax hikes which will be used to finance new reforms, Swedish public service television SVT reported, quoting sources.

Anders Borg said at the weekend the government would propose a number of tax increases in its spring budget to strengthen public finances and provide more money for education.

The government holds a news conference today.

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