Government decided on third supplementary budget proposal for 2014
On Tuesday 21 October, the Government negotiated a third supplementary budget proposal for 2014. The intention is to submit the proposal to Parliament on Thursday 23 October. The revenue estimate is increased by EUR 601 million. The tax revenue estimate is increased by EUR 317 million, of which EUR 250 million arises from increasing the revenue estimate for earned income and capital income taxes and EUR 50 million from increasing the revenue estimate for capital transfer tax.
The estimate for miscellaneous revenue is increased by EUR 157 million. A recognition of revenue of EUR 100 million is made from the State Guarantee Fund and EUR 17 million from the state-funded Government Guarantee Fund.