Karl-August Fagerholm's second cabinet was the 40th government of Republic of Finland. The cabinet existed from March 3, 1956 to May 27, 1957. It was a majority government.

+ Assembly MinisterPeriod of officeParty Prime MinisterKarl-August Fagerholm March 3, 1956–May 27, 1957 Social Democrat Minister for Foreign Affairs Ralf Törngren March 3, 1956–May 27, 1957 Swedish People's Party Minister of JusticeVilho Väyrynen March 3,1956–May 2,1956May 2,1956–May 27,1957 Social Democrat Independent Minister of DefenceKauno Kleemola March 3, 1956–May 27, 1957 Agrarian League Minister of the InteriorVilho VäyrynenMarch 3, 1956–May 27, 1957 Social Democrat Minister of FinanceEmil SkogMarch 3, 1956–May 27, 1957 Social Democrat Deputy Minister of FinanceMauno JussilaMarch 3, 1956–May 27, 1957 Agrarian League Minister of EducationJohannes VirolainenMarch 3, 1956–May 27, 1957 Agrarian League Minister of AgricultureMartti MiettunenMarch 3, 1956–May 27, 1957 Agrarian League Minister of Transport and Public WorksEino PalovesiMarch 3, 1956–May 27, 1957 Agrarian League Deputy Minister of Transport and Public WorksHannes TiainenMarch 3, 1956–May 27, 1957 Social Democrat Minister of Trade and IndustryKauno Kleemola March 3, 1956–May 27, 1957 Agrarian LeagueMinister of Social AffairsTyyne Leivo-LarssonMarch 3, 1956–May 27, 1957 Social Democrat

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