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Upcoming publication: Business subsidies granted during the Covid-19 pandemic

The aim of the audit is to examine whether the business subsidies granted on account of the Covid-19 crisis have been managed appropriately. In particular, the NAOF examines whether the subsidies have been allocated appropriately to mitigate the economic impacts of the Covid-19 pandemic. The audit is limited to direct state subsidies and grants.

According to a rough estimate, the business subsidies granted during the Covid-19 pandemic will amount to a few billion euros. The results of the audit can be utilized to ascertain whether the procedures have been in line with Parliament’s statements and committee reports. The results can also be utilized in connection with the subsidies allocated in 2021 and in preparing for future disruptions.

More information

Pasi Tervasmäki

Principal Financial Auditor, Authorised Public Accountant

Financial audit

Audit areas: Ministry for Foreign Affairs, Ministry of Defence, Ministry of Justice, Ministry of the Environment, Ministry of the Interior, Office of the President of the Republic of Finland