State Budget Revenue Shows Healthy Increase ({{commentsTotal}})

Business
Business

The state collected 438 million euros in tax in April this year, 12 percent more than during the same month in 2013.

A 15 percent increase in VAT takings and a 7 percent increase in social tax drove the surge in revenue, the Finance Ministry said in a press release.

The first quarter has filled 30.9 percent of the budget, leading to the hope that the 2014 state budget will produce a surplus instead of the predicted deficit of 38 million.

This year's budget was the first state budget to pass the 8-billion-euro mark. Last year's budget was 5 percent smaller.



{{c.alias}}
{{c.createdMoment}}
{{c.body}}
{{cc.alias}}
{{cc.createdMoment}}
+{{cc.replyToName}} {{cc.body}}
No comments yet.
Logged in as {{user.alias}}. Log out
Login failed

Register user/reset password

Name needs to be fewer than 32 characters long
Comment needs to be fewer than 600 characters long
{{comment.captcha.word.answer}}

news.err.ee

Opinion
Lotman: Security academy would be crucial Estonian identity point in Narva

In an opinion piece published by Eesti Päevaleht, Tallinn University professor Mihhail Lotman found it important to overcome the mental barrier separating Ida-Viru County from the rest of Estonia.

Ermamaa: The fine art of passing the buck

Admit nothing, blame everyone: those most closely involved in the Ermamaa case don’t need arguments, writes ERR News editor Dario Cavegn.