International Internet Magazine. Baltic States news & analytics
Sunday, 29.03.2015, 13:35
According to the preliminary data of Statistics Estonia, in 2014, the Estonian general government surplus was 0.6% and the gross debt level was 10.6% of the gross domestic product.
Keyword tags: Analytics, Budget, Estonia, EU – Baltic States, Financial Services
The Estonian government approved on Thursday the amount of dividends to be paid to the state budget by companies in which the state has decision rights, which amounts to EUR 162 million, announced the Ministry of Finance, cites LETA.
Social security contributions amounting to EUR 41.4 billion have been paid to the State Social Insurance Fund (Sodra) since its establishment, whereas Sodra has paid out EUR 44.9 billion in benefits, reports LETA/ELTA.
According to the Ministry of Finance, the Estonian state budget collected revenue of 1.33 billion euros in the first two months of the year 2015; this is 15.7% of the total amount planned in the budget, informs LETA.
At the beginning of 2015, revenues from value added tax, personal income tax, and social insurance contributions have been lower than in the same period in 2014, Latvian Finance Minister Janis Reirs (Unity) said in an interview with the Latvian State Radio today, cites LETA.
The 2016 state budget expenditures will remain on the same level as in the previous years, however, the increase will be EUR 10.6 million, this according to Finance Minister Janis Reirs (Unity) after the government meeting on March 17, 2015, informs LETA.
On Monday, 16 March 2015, Prime Minister Algirdas Butkevicius met with Rasa Budbergyte, Member of the European Court of Auditors, and was introduced to the annual report on implementation of the European Union budget, informs LETA/ELTA.