Estonia has seen rapid economic growth in recent years, which has led to the government having to revise and develop a more balanced budget.
“Estonia’s economic growth has been faster than previously forecast, which in turn requires a more balanced budget policy,” said Estonia’s Prime Minister Jüri Ratas.
“For the next four years we are planning a nominal surplus and at least a structural balance of the government sector budget. Hence the fiscal policy of Estonia is and will remain responsible. I want to thank all the ministers and officials for their strong preparation and matter-of-fact discussions, and I appreciate the team …read more
Source: Emerging Europe