President Kersti Kaljulaid on Tuesday promulgated the 2021 State Budget Act, as well as legislative amendments concerning a pension increase and enabling an increase in the debt burden of municipalities.
Under the State Budget for 2021 Act, the expenditure and investments of the budget will total €13.1 billion and revenue €11.2 billion. Compared to the original budget for 2020, revenue will grow by 5 percent or €534 million and, taking into account the amendments made with the supplementary budget, by 12 percent, or by €1.2 billion.
Expenditure and investments will grow by around one billion euros compared to the original budget for 2020 and by 5 percent or 0.6 billion euros, taking into account the changes made with the supplementary budget.