Paasio's first cabinet was the 50th government of Finland, which lasted from 27 May 1966 to 22 March 1968. It was a majority government based on the popular front model. The cabinet's Prime Minister was Rafael Paasio.
Paasio's first cabinet made many political reforms, such as the primary school law, the party subsidies law, family and pension law, and the liberation of the sale of certain alcoholic beverages.
In October 1967, following a bad economic period which led to a low balance of international payments, the cabinet devaluated the markka by about 30 percent.
Rafael Paasio resigned as Prime Minister on 22 March 1968 following the failure of the Social Democratic Party in establishing good formal relations with the Soviet Union.
+ Assembly MinisterPeriod of officeParty Prime MinisterRafael Paasio 27 May 1966 – 22 March 1968 Social Democratic Party Deputy Prime MinisterReino Oittinen 27 May 1966 – 22 March 196 Social Democratic Party Minister of Foreign AffairsAhti Karjalainen 27 May 1966 – 22 March 1968 Centre Party Minister of JusticeAarre Simonen 27 May 1966 – 22 March 1968 Social Democratic Union of Workers and Smallholders Minister of the InteriorMartti Viitanen Antero Väyrynen 27 May 1966 – 30.11.1967 1.12.1967 – 22 March 1968 Social Democratic PartySocial Democratic Party Deputy Minister of the InteriorSulo Suorttanen 27 May 1966 – 22 March 1968 Centre Party Minister of DefenceSulo Suorttanen 27 May 1966 – 22 March 1968 Centre Party Minister of FinanceMauno Koivisto Eino Raunio 27 May 1966 – 31.12.1967 1.1.1968 – 22 March 1968 Social Democratic PartySocial Democratic Party Deputy Minister of FinanceEle Alenius 27 May 1966 – 22 March 1968 People's Democratic League Minister of EducationReino Oittinen 27 May 1966 – 22 March 1968 Social Democratic Party Minister of AgricultureNestori Kaasalainen 27 May 1966 – 22 March 1968 Centre Party Deputy Minister of AgricultureLars Lindeman 27 May 1966 – 22 March 1968 Social Democratic Party Minister of Transport and Public WorksLeo Suonpää 27 May 1966 – 22 March 1968 People's Democratic League (minority) Deputy Minister of Transport and Public WorksNiilo Ryhtä Matti Kekkonen 27 May 1966 – 31.8.1967 8.9.1967 – 22 March 1968 Centre PartyCentre Party Minister of Trade and IndustryOlavi Salonen 27 May 1966 – 22 March 1968 Social Democratic Party Minister of Social AffairsMatti Koivunen 27 May 1966 – 22 March 1968 People's Democratic League Deputy Minister of Social AffairsEsa Timonen Toivo Saloranta 27 May 1966 – 31.8.1967 8.9.1967 – 22 March 1968 Centre PartyCentre Party
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