Budget, Estonia, Financial Services, Investments, Legislation
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Saturday, 20.04.2024, 01:40
Government endorses Estonia's financial report for 2016
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Expenditures of the budget and investments totaled 8.55 billion euros,
equaling 93.6% of the sum total set out in the budget. Income totaled 8.58
billion euros, 98.8% of the sum total shown in the budget. Income exceeded the
expenditures paid for by 34 million euros.
Assets of the state as at year-end totaled 16.5 billion euros, of which
capital assets accounted for the biggest portion. Total assets of the state
increased by 171 million euros.
Consolidated liabilities of the state totaled 7.4 billion euros, 338
million euros more than the year before. Loan commitments totaled 2.9 billion
euros, being 15.9 million euros smaller than at the end of 2015.
The state's financial report for 2016 will be submitted to the Riigikogu
for approval. The report will be accompanied by an audit report prepared
by the National Audit Office, which is to be published shortly.
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