Budget, Estonia, Financial Services, Legislation

Compared to this year, revenue grows by 7% and spending by 6%.

The government sector budgetary position is in structural surplus of 0.8 percent of gross domestic product. The nominal deficit is 0.5%.

Defence expenditures are rising to 2.05% of GDP, amounting to a total of 412 million euros, or 28 million more than the year before.

Internal security is allocated from the state budget for the coming year to 425 million euros, which is 21 million euros or 5.3% more than the year before.

The government will raise public sector agencies payroll for at least 3%.

Social protection sphere expenditures amount in 2015 to 33.5% of the total state budget, or 2.86 billion, which is 7.2% more than the year before.

First and second child benefits will increase from 19.18 euros to 45 euros a month. Families who need more support from the state, get an extra 45 euros of necessity-aid on both the first and second child. Third child support will rise from 76.7 to 100 euros a month.

Pensions will rise next year by 5.9%.

Income tax rate will fall from the current 21% to 20% and unemployment insurance payment falls from 3% to 2.4%.