23.8% of planned 2010 revenue collected during Q1
10.05.2010, 12:29Intake of budgetary revenue in Estonia during the first three months of 2010 totalled 20.1 billion kroons that is 23.8% of the amount projected for the whole year, the finance ministry said.
Expenditures financed during the quarter came to 20.9 billion kroons, 22.9% of the planned 12-month total. Revenue intake in March was 4.9 billion kroons, 5.8% of the 12-month target.
"The figures for March are greatly influenced by refunds of income tax and minor advance payments by the European Commission," the ministry explained. The general government deficit after the first two months of the year was 2.1 billion kroons or 0.98% of estimated GDP, the ministry estimates.