The Ministry of Finance has submitted another draft amendment to the State Budget Act for approval. The amendments suggested in the draft could enter into force in 2025. The State Budget Act has already been amended three times over the last decade.
Criticism of the Ministry of Finance's summer economic forecast, issued near the end of August, by an independent body tasked with monitoring progress on fiscal policy, has puzzled one senior Reform Party MP, who says including government decisions in the forecast before they had been made would effectively require the work of a clairvoyant.
An independent advisory body tasked with assessing Estonian fiscal policy says it does not approve of the Ministry of Finance's summer economic forecast, issued in late August, on the grounds that it uses outdated premises on the growth of government spending, partly relating to the change in administration in July.