City funds for defense industry investment?

The Moderates have proposed amending Stockholm City's financial policy to allow investments in the European defense industry, a move they believe would strengthen Swedish and European security, despite current restrictions on investing in arms producers. The City Executive Office, however, countered that the city lacks funds for such long-term equity placements, as liquid assets are needed for ongoing expenses. Councilor Karin Wanngård (S) added that there are better ways to support Ukraine and that the arms industry already has ample capital.