Estonian parlt adopts 2021 state budget

  • 2020-12-09
  • BNS/TBT Staff
TALLINN – The Estonian parliament on Wednesday adopted the 2021 state budget, the expenditures  of which total 13.1 billion euros and revenues some 11.3 billion euros. Altogether 55 MPs voted in favor of the state budget bill, while 44 MPs cast their vote against it. The gap stems from investments necessary for restoring the economy, as a result of which the volume of expenditures exceeds revenue growth. According to the baseline scenario of a forecast by the Ministry of Finance, Estonia's GDP is to decline 5.5 percent ...
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