On Wednesday, President Alar Karis promulgated the 2025 State Budget Act.
The president approved laws related to an increase in excise duties on alcohol, tobacco, fuel and electricity, the security tax, the responsibility of ministries in their respective sectors, and compensation for commercial carriers.
The laws approved also concern the identification and assistance of children in need and foster care, waste management, public health, the rights of the prison service, the customs law as well as scrap and end-of-life vehicles.
The 2025 State Budget Act will have a revenue volume of €17.7 billion and a spending volume of €18.2 billion.Compared to this year’s budget, revenues will increase by €0.9 billion, or 5.8 percent, and expenditure by €0.7 billion, or 3.9 percent.
Read more: ERR.EE
