Government plans to borrow approximately €2 billion i

Government plans to borrow approximately €2 billion in 2021


The government will borrow approximately €2 billion this year and the exact figure will be known after the next financial forecast, Undersecretary of the Ministry of Finance Märten Ross said on Monday.
Ross said the amount of loan money borrowed may be smaller than anticipated after the autumn forecast last year.
"Then we were talking about maybe more than €2 billion in loans. Now, at the start of the year, if we look at these developments, we are talking about borrowing up to €2 billion this year," he said.
Chairman of EKRE and former Minister of Finance Martin Helme said the coalition will increase the budget deficit and he thinks the government could use some of the money in reserve rather than taking out more loans.

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