A cabinet meeting to discuss the state of public finances began at 10 a.m. today at Stenbock House. Finance Ministry representatives are presenting an updated economic forecast. The meeting will end at 12 p.m. Finance Minister Jürgen Ligi (Reform Party) will rush to the superministry, where a press conference on the forecast will begin in the afternoon. In addition to Ligi, Raul Lättemäe, head of the Finance Ministry's fiscal policy department, and Kadri Klaos, head of the public finance service, will be present. According to available information, the government will not meet again today. Financial matters will be discussed within the parties. The state of the economy and the state budget for next year will be discussed further at a cabinet meeting on Thursday afternoon. The current forecast will be the cornerstone for subsequent actions. When the new government held its first press conference in the second half of July, Prime Minister Kristen Michal (Reform Party) said that various cuts would be made on the basis of the forecast and preparations would begin for next year's state budget items. "The financial situation in the country is difficult, but it needs to be sorted out. The Estonian state was not prepared for the difficulties caused by the energy crisis, the coronavirus and investments in security," the new Finance Minister Jürgen Ligi said at the time. It is planned to increase a number of taxes, but some details are still unclear. For example, the tax on entrepreneurial activity. Read RusDelfi wherever it is convenient for you. Follow us on Facebook, Telegram, Instagram and even TikTok.
