Thematic one-pagers
Find the most important information about both the sector and the ministry's area of governance.
The state budget strategy is the government’s central strategic document, which links the state’s needs and priorities with its financial capacities, that is, the fiscal framework.
Description
The state budget is a legally binding annual financial plan that outlines the government's projected revenues, expenditures, and financing operations for the fiscal year. It serves as the primary instrument through which line minisitries and constitutional institutions allocate and utilize public funds to implement national policies and fulfill statutory obligations.
The authority to use public resources is conferred upon the government by the Riigikogu (Estonian Parliament), which enacts the state budget as a law. This legislative approval ensures democratic oversight and accountability in the management of public finances.
The budget encompasses all revenue streams, expenditure categories, investments and financing transactions, as specified in the State Budget Act. These are systematically broken down by government institutions and policy areas, enabling transparent tracking of fiscal performance and policy execution.
