Budget, Estonia, Financial Services, Taxation

The expenditures reached 2.44 billion euros, 31.4% of the annual plan.

The planned income for 2013 is 7.48 billion euros and expenditures 7.78 billion euros.

As compared to a year ago, income fell by 58.3 million euros or 2.5%, mainly because of exterior support. Spending reached 2.36 million euros at the same time last, year, almost unchanged.

The state budget collected in four months 1.9 billion euros of tax revenue, 31.4% of the annual plan. Non-tax revenue formed 366 million euros, 25.6% of the annual plan.

The biggest revenue sources were the social tax revenue of 668 million euro (32.3% of annual plan) and VAT of 503 million euros or 32.5% of the annual plan.

The biggest state budget spending articles were main social welfare benefits amounting to a total of 916 million euros, by 4.9% more than at the same time last year.

The government sector deficit formed 176 million euros or 1% of the forecast GDP by the end of March. The planned deficit for the whole of this year is 95 million euros or 0.5% of GDP.