On Monday afternoon, naalakkersuisoq for finance held a press conference on the Finance Act for 2027.
Monday afternoon there was a press conference about next year’s Finance Act. Naalakkersuisut stated this in a short announcement. It was naalakkersuisut for finance, Aqqaluaq B. Egede (IA), who presented the agreement.
Siumut in agreement
The first thing that became clear was that the opposition party Siumut was included in the agreement on next year’s finance law. Atassat, Demokraatit and Inuit Ataqatigiit were also behind the agreement. All parties except Naleraq therefore supported next year’s budget.
However, Naalakkersuisoq also sent a thank you to Naleraq during the press conference:
– I would like to thank Naleraq, who has been involved in the finance law negotiations until this morning. They announced that they would not sign the agreement, said Aqqaluaq B. Egede.
He thanked Siumut that, despite being an opposition party, they had joined the negotiations and taken responsibility.
The Finance Act states, among other things, that pensioners must be able to earn more before the pension is cut:
– We would like to do our part to ease the pressure on the population today. The elderly must have good conditions in their retirement age. It must be possible to have an additional income during pension. You stop cutting your pension if you have work on the side, said Aqqaluaq B. Egede.
Naalakkersuisut will use 2027 to change the rules and thus prepare for the law to enter into force in 2028.
Free daycare centers and strengthened foreign affairs area
Aqqaluaq B. Egede also brought another big news. There will no longer be a parental payment to day care institutions.
– The National Treasury will pay for this, and it costs a large sum of money, and we consider it a great result, said Aqqaluaq B. Egede.
According to naalakkersuisoq, this should help ease the financial everyday life of parents with small children, but here too it applies that it will only come into force from 2028.
Naalakkersuisoq further said that the foreign affairs area must be significantly strengthened:
– We are experiencing relationships that are stronger than ever before. Big countries are pressuring Greenland. We have a great work ahead of us in the kingdom. And there is a great focus on Greenland and a financial interest, which is why we have put forward a proposal to allocate approximately DKK 42 million to the foreign sector.
Naalakkersuisoq stressed that working with other countries has great economic importance for Greenland.
– We have spent a lot of energy, time and effort trying to achieve this settlement, and I would like to thank the parties for that, said Aqqaluaq B. Egede, who then gave the floor to the representatives of the various parties that are part of the agreement.
Support from the parties
Demokraatits Margrethe Thårup Andersen was the first to speak.
She mentioned, among other things, that it was important to have more customs officers in South Greenland, which is prioritized in the finance law agreement. She also said that sports is a core area for the party. Sports will also be strengthened with around five million kroner.
Next, it was Ane Hansen from IA who got the floor. She said it is important for IA that we become more numerous in this country.
– It must be attractive to have more children, said Ane Hansen.
She went on to say that the party had previously sought to abolish parental fees for daycare centers, so they were looking forward to it being realised.
The pension area and shared responsibility
Atassat chairman Aqqalu C. Jeremiassen was particularly pleased with the move in the pension area:
– Finally, a solution has been found in the area of pensions, where it will be possible to work without having your pension deducted, said the party chairman, who also mentioned the free daycare centers.
Aqqalu C. Jeremiassen also spoke about how it was important for the party to be part of the finance law agreement and to take responsibility for the country’s economy.
Siumut’s Erik Jensen also highlighted that it has been important for the party to agree to the finance law agreement.
– This agreement contains some important things that you cannot say no to, said Erik Jensen.
He emphasized, among other things, that they have chosen to give the municipalities full regulation, and that Siumut is also very satisfied that money is being set aside for the renovation of certain ports and quay facilities.
Erik Jensen also mentioned that more funds are given to sports, including the Arctic Circle Race.
Agreement signed
After the parties had each highlighted their reasons for joining the agreement, the representatives signed it. Thus political support for the Finance Act for 2027 is secured.
The whole agreement can can be read here.
In this table you can see the costs for the various measures. The 37 million DKK, which is set aside in 2028-2030, is dedicated to free daycare centers.
The whole agreement can can be read here.
