Governor of the Bank of Estonia Madis Müller said on the "Otse uudistemajast" webcast that this year's economic growth could miss forecasts because of vaccination efforts progressing slowly. The new government aims to go over planned Recover Europe investments.
Müller said that while borrowing was sensible in the crisis, a long-term plan for covering expenses is needed now. "It seemed sensible to us in the central bank to liven up the economy with various measures during the crisis," Müller said in terms of the previous government's fiscal decisions.
Müller is not critical of the previous government's fiscal policy, while he admitted that some differences of opinion concerned the long view and that crisis measures need to be temporary and solutions found to cut costs.