Press conference of Finance Ministry

24.08.2023, Tallinn. The ministry is forecasting a recession of 2 percent this year, but 2.7 percent economic growth next year. Inflation, meanwhile, is expected to slow to 9.6 percent this year, 4.6 percent next year and 2.5 percent in 2025. This forecast will be used by the Estonian government as the basis for drawing up the 2024 state budget bill. The prognosis was introduced by Minister of Finance Mart Võrklaev, Raoul Lättemäe, director of the ministry's Fiscal Policy Department and Kadri Klaos, director of the ministry's Public Finance Service. Photo: Sander Ilvest, Postimees

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2023/8/24 00:00:00

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