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Major deficiencies in consumer protection for buyers of new apartments
Buyers of newly built tenant-owned apartments have far worse protection than consumers in other markets. The buyer’s position is weak, while there are significant risks. The Swedish National Audit Office (Swedish NAO) now calls on the Government to take the initiative to amend the Swedish Tenant Ownership Act.
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The RUT deduction generates some positive effects but burdens public finances
The RUT (household services) tax deduction has resulted in more work and higher incomes for some groups buying the services. Foreign-born people who started working in the RUT sector have increased their income and strengthened their position in the labour market. However, the Swedish National Audit Office notes that the Government’s assessment that the reform is self-financing has little empirical support.
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New cooperation agreement between the Swedish NAO and national Supreme Audit Institutions in Southeast Asia
The Swedish National Audit Office has signed a new cooperation agreement with the regional organization ASEANSAI, which consist of national Supreme Audit Institutions in ten countries in Southeast Asia. The new cooperation agreement runs until 2022 and the objective is to strengthen public sector audit capacity in the region.
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New strategy for international development cooperation
The Swedish National Audit Office has adopted a new strategy for its international development cooperation. The objective is to promote e ffective management and democratic development in developing countries , thereby contributing to achieve the goals for sustainable development in Agenda 2030.
