Minister: some 60 million must be cut

Minister of Finance Keit Pentus-Rosimannus. PHOTO: Madis Veltman Interview with Minister of Finance Keit Pentus-Rosimannus. The Centre Party deputy chairman Jaanus Karilaid said that he recommends rejecting the state budget strategy, since he considers cuts and redundancies impractical in the present situation. How united was the cabinet about the cuts? It is always easier to […]

Russia’s neighbors hiking defense spending

Research fellow at the International Center for Defense and Security (ICDS) Martin Hurt. PHOTO: Madis Veltman Research fellow at the International Center for Defense and Security (ICDS) Martin Hurt said on the “Otse Postimehest” webcast on Thursday that while fiscal balance matters, it is not as important as national defense. The expert noted that like […]

Spending cuts idea startles defense experts

Cuts would cancel planned developments, including the previous government’s decision of procuring coastal defense systems and naval mines. PHOTO: Handout / AFP / Scanpix The Ministry of Finance’s proposal for a universal spending cut in all areas for the 2022 and 2023 state budgets has left defense experts worried. While recent coalitions have agreed that […]