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Sõerd: Estonia's experiment with finances has completely failed

Сыэрд: эксперимент с финансами Эстонии полностью провалился

Member of the Riigikogu Finance Committee Aivar Sõerd (Reform Party) believes that the cause of Estonia's current problems is a change in political views and the transition to an activity-based state budget, which, according to him, has not justified itself. Now it is impossible to understand where the money is going. According to Aivar Sõerd, ministries do not actually use an activity-based budget, but still use the good old budget based on income and expenditure. In other words, a performance is being performed in front of the people. According to Aivar Sõerd, ministries do not actually use an activity-based budget, but still use the good old budget based on income and expenditure. In other words, a performance is being performed in front of the people. Photo: Rasmus Rebase

Member of the Riigikogu Finance Committee Aivar Sõerd (Reform Party) believes that the cause of Estonia's current problems is a change in political views and the transition to an activity-based state budget, which, according to him, has not justified itself. Now it is impossible to understand where the money is going .

Translation: Ewa Ojrzynska

Estonia finds itself in a situation where no one understands anything: the state allegedly does not have enough money, basic services such as healthcare and rescue services do not function properly, taxes continue to rise, the state runs countless NGOs and foundations, and supports IT projects in Kenya . The state budget has become a black box, and politicians increasingly walk around with their hand outstretched: give, give. But for what? We do not know. Aivar Sõerd, once named the world's best finance minister, admits he doesn't know for sure either.

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