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11/7/06

People's Daily Online -- Government plan of Swedish new PM focus on tax cuts, employment

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Government plan of Swedish new PM focus on tax cuts, employment

Swedish new Prime Minister Fredrik Reinfeldt pledged on Friday tax cuts, more job opportunities and a trimming of the welfare state. Addressing the parliament to present his government plan for the next four years, Reinfeldt said "More people who want to and can work will get the chance to support themselves through their own work and by beginning and running companies." He also said the government will stick to a plan of a tax cut of 4.7 billion EUROS in 2007, followed by a further 880 million EUROS reduction in 2008.

During the speech, Reinfeldt announced his cabinet ministers, with former Swedish premier Carl Bildt serving as foreign minister. Reinfeldt, 41, is the youngest Swedish prime minister since 1926. The four-party alliance, led by him, won a victory in the Sept. 17 election. In the new government, 10 of the 21 new ministers are women, and nine ministers are moderates.

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