On Wednesday, December 10, Parliament published the Finance Committee’s report on the government’s proposal for the 2026 state budget. The equine sector will receive an additional 600,000 € in funding. From the allocated funds for sports, a 100,000 € grant will be allocated to the Finnish Equestrian Federation for investments related to the 40th anniversary celebration of the Helsinki International Horse Show. In addition, 200,000 € will be granted to the Finnish Horse College for the basic renovation of the Ypäjä Hall.
Other so-called parliamentary “Christmas gift” funds allocated to the equine sector include at least 50,000 € for the Hevostietokeskus. To safeguard the status of the Finnhorse, an additional 200,000 € has been earmarked, as well as a separate 50,000 € for Suomenratsut ry.
Helsinki International Horse Show is Finland’s largest annual indoor arena event
The Helsinki International Horse Show, celebrating its 40th anniversary, was held during its early years in the 1980s at the Helsinki Expo and Convention Centre. Now the event returns to its roots, renewed and expanded in many ways.
The event is a blend of elite sport, diverse programming, and a unique atmosphere. The four-day event culminates in a leg of the Show Jumping World Cup series, where the world’s best riders and magnificent horses compete in front of a large audience. The event is expected to host 450 horses, with total prize money amounting to 530,000 €.
The offering includes two competition arenas showcasing elite sport and show performances, a program stage with engaging content, a hobby horse arena, a diverse and high-quality restaurant experience, and, of course, an extensive exhibition area bringing everything together. Alongside international top-level sport, there will be plenty of content and a new affordable ticket category for families.
What is “Christmas gift” funding?
During the processing of the government’s budget proposal, it is often said that Parliament grants so-called “Christmas gift” funds. These refer to additions made by the Finance Committee to the government’s budget proposal. From a budgetary-technical perspective, Christmas gift funds are minor adjustment appropriations. When reviewing the budget, the committee does not only add appropriations; it may also remove or reduce them.
Source: LINK
Committee report: LINK
