John HasslerFinansministerns silence is damaging the uk economy

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the Government does not have a comprehensive approach to coronasmittan, said the minister for social protection, ms Lena Hallengren in The lördagsintervju two weeks ago. Rather than follow the trend and make the ongoing decisions needed about the action.

the lack of a strategy seems to be to the economic policy. The decision has been made on a number of packages, but there is no mention of what is to come, when they will expire, and how the government intends to re-launch the economy is going to be. Another matter of particular concern is that the support for the fixed costs of the company, which has lost more than 30 per cent of its sales only apply to march and april this year. Omsättningstappet in the hotel and travel industry, around 80 per cent in may this year, but we do not know whether the scheme will be extended.

You may know that it is tempting for the government to keep the doors open, and to take a decision as and when new information is added. It is, however, a dangerous temptation to fall into.

it is More the uncertainty it creates despondency among the consumers, and it reduces the willingness of entrepreneurs to fight for companies ' survival, and it slows the economy of the re-start. Of course, the strategy must be dictated by what's going on with the spread of infection, and the decisions that are made in other countries.

there is a lot to be learned from the success of monetary policy during the financial crisis. When used in what are known as ”forward guidance”. It is meant to be the central banks made it clear at the unemployment rate and interest rates would start to rise, but did not set a firm date for doing this.

the State's finances are good enough that this can be achieved without austerity measures or tax increases after the crisis.

the Government should, therefore, clarify the economic approach, if the financial programmes are going to be renewed, what will you do when the infection is under control, and if that takes a longer period of time than what we were hoping for.

Here are some of the items that should be included in the policy:

■ Support for the company, which lost more than 30 per cent of the total revenue on the basis of the Covid-19 will be retained for the remainder of the year. The state's finances are good enough that this can be achieved without austerity measures or tax increases after the crisis.

■ local and regional governments are added to sufficient resources in order not to have to cut back on their activities, as long as the crisis lasts.

■ If the crisis continues after the summer recess changes gradually, the focus of support packages to laid-off workers can be transferred to socially useful activities. For training, skill development and temporary employment in sectors where labour needs to be designed over the summer. Systems for the purpose of detecting and punishing cheating is tightened gradually over time.

■ the advice against international travel to be removed as soon as it is possible to travel to other countries without having to run the risk of not being able to go home again. This is done country-by-country. For travel to countries with a high risk of going to the testing, or the quarantine that may be required by the return.

■ When the virus is under the control of, for example, by means of vaccination, or the infection could be pushed down the model and smittspårning, taken with the powerful economic incentives to rapidly reduce the unemployment rate.

■ Sweden contributes actively to the EU's support for the particularly hard-hit countries of Italy and Spain, so that the mass unemployment and the european sovereign debt crisis can not be avoided.

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