Each year, the state ends up with unused budget funds, which are carried over to the following year.According to Minister of Finance Jürgen Ligi, there is generally a clear overview of how these carried-over expenses are utilized.However, he emphasized that a decision made by Jüri Ratas’ government to remove the cap on these expenditures needs to be revisited, as this has led to the sums growing significantly.
This summer, it was revealed that over €2 billion from last year’s state budget remained unused, and the Ministry of Finance predicted at the time that a similar amount could go unused in this year’s budget as well.
On Monday, the Riigikogu State Budget Control Select Committee discussed the issue of carry-over funds.
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