Several opposition parties are, however, worried that investments in climate and welfare may have to take a back seat and are calling for tax increases to pay for at least part of the cost.
If Swedes are to feel safe, then one needs to feel in both peacetime and wartime that we have a robust country with a functioning healthcare system, where ammunition and people can be transported by train, says Ida Gabrielsson, economic policy spokesperson for the Left Party.
She points out that, in addition to loans, a so-called preparedness tax, targeting people with slightly higher incomes, is needed so that welfare does not have to foot the bill.
"Necessary"
The Centre Party's economic policy spokesperson Martin Ådahl also welcomes the government's investment up to 2030.
"Sweden has a great need to strengthen its defence capabilities, and we therefore see it as necessary to initially finance the build-up with loans in order not to lose time", he writes in a comment.
"Parallel crises"
The Green Party's spokesperson Amanda Lind says it is obvious that defence spending needs to increase. The Green Party does not rule out financing the spending with loans, but in order to be able to invest in energy systems, infrastructure, and the climate, a more robust financing is needed, she says.
We want to see a preparedness tax so that these investments do not come at the expense of welfare, for example. Tax increases will be needed.