Sven Kirsipuu

Deputy Secretary-General for Fiscal Policy, Ministry of Finance



  • Challenges and Sectoral Priorities in Public Finances

    09 December 2020


    RiTo No. 42, 2020

    Historically, fiscal policy and public finances have been surrounded by many sophisticated concepts, myths and inaccurate interpretations. In the case of economic developments, it is fairly clear that four-percent growth is better than two-percent growth, while in the case of budget deficit and national debt burden the good-bad scale is insufficient and the answer generally depends on the particular situation.