By Agendas: Aivar Sõerd

Total Agendas: 34

Fully Profiled: 34

2025-10-15
Discussion of the state issue of significant national importance initiated by the Committee on European Union Affairs: "Estonia's Choices and Opportunities in the European Union's 2028–2034 Long-Term Budget"

The 15th Riigikogu, VI Session, Plenary Sitting

Economic perspectives emphasize the necessity of innovation and bolstering the European Union's competitiveness, deeming these priorities more important than current spending related to the green transition. The speaker demands accountability and the evaluation of outcomes for large-scale investments (like the RRF) to guarantee the effective use of funds for economic recovery.
2025-10-13
First reading of the Draft Act on the Amendment of the Act on Simplified Taxation of Business Income and the Income Tax Act, and the Act on the Repeal of the Security Tax Act and the Amendment of the Income Tax Act (Bill 734 SE)

15th Riigikogu, 6th Session, Plenary Sitting

The economic views strongly favor competitiveness and economic growth, emphasizing the need to keep corporate income tax low to prevent profits from being moved out of Estonia. Tax policies that stimulate the economy are supported, even if this creates a corresponding deficit.
2025-10-09
Discussion of the Crucial National Issue 'The Future of the Estonian Economy'

15th Riigikogu, 6th Session, Plenary Sitting

Economic views strongly emphasize competitiveness and growth, which are measured through labor productivity. The speaker is concerned about the negative trend and stresses the need to improve labor efficiency, which points to a growth-oriented approach.
2025-10-08
First Reading of the Draft Act on Amendments to the Planning Act and Other Related Acts (683 SE)

The 15th Riigikogu, 6th Session, Plenary Sitting

The speaker emphasizes the money and time expended by the owner to secure the necessary planning approval, which points to concerns regarding the protection of private property and the regulation of investment costs. This perspective is aimed at protecting the interests of private owners and developers from excessive regulatory burden.
2025-10-08
Continuation of the first reading of the Draft Law on the State Budget for 2026 (737 SE)

The 15th Riigikogu, 6th Session, Plenary Sitting

Economic views stress fiscal discipline and transparency, demanding that ministries strictly follow the activity-based budgeting methodology when cutting costs. The speaker criticizes cuts to traditional expenditure items, indicating a preference for structured and program-based cost management.
2025-10-06
First Reading of the Draft Act on Amendments to the Securities Market Act (690 SE)

The 15th Riigikogu, 6th Session, Plenary Sitting

The economic views are strongly market-oriented and growth-promoting, stressing the necessity of diversifying corporate financing sources outside the banking sector. Support is provided for reducing the administrative burden and raising the issuance threshold in order to stimulate the capital market and increase overall stock market volume.
2025-09-24
Draft law amending the Securities Market Act and, as a consequence, amending other laws (regulation of derivatives and repo transactions) – second reading

Fifteenth Riigikogu, sixth sitting, plenary sitting.

Support is provided for financial market stability and regulation compliant with international standards, specifically targeting derivatives and repo transactions. Regulatory clarity for financial institutions (credit institutions) is crucial, and attention is being paid to protecting consumer interests in the context of real estate valuation. The focus is directed towards ensuring financial discipline and regulatory accuracy.
2025-09-18
Bank of Estonia 2024 Report

15th Estonian Parliament, 6th sitting, plenary session.

Economic perspectives emphasize financial discipline, maximizing returns, and active risk management of reserves. The speaker advocates increasing the share of gold to hedge against the risks of dollar-denominated assets and capitalize on gold's strong performance.
2025-06-11
Second reading of the draft law on the state's supplementary budget for 2025 (651 SE)

15th Riigikogu, 5th session, plenary sitting

The text supports strict budget discipline and transparency in public spending. It criticizes the government's attempts to finance major projects (SKAIS) by relying on vague savings measures that are incompatible with the existing budget structure, a stance that clearly signals fiscal conservatism.
2025-06-05
Discussion of the significant national issue initiated by the Economics Committee: "How to increase productivity in the Estonian economy?"

15th Riigikogu, 5th session, plenary session.

Economic perspectives strongly emphasize the growth of labor productivity as the primary driver of economic progress. The speaker stresses the importance of specific metrics and fiscal discipline tied to achieving strategic objectives (120% of the EU average). He/She highlights the adequacy of data and the critical role of monitoring.
2025-05-20
Draft law amending the Securities Market Act and, as a consequence, amending other laws (regulation of derivatives and repo transactions) - first reading

15th Riigikogu, 5th session, plenary sitting

The economic outlook is strongly market-oriented and focused on improving regulation to boost the competitiveness of Estonian businesses and enhance their access to international markets. There is support for reducing transaction costs and implementing measures to prevent financial crises. The text also mentions the regulation of green bonds, indicating an openness toward sustainable financing.
2025-05-07
Draft law amending the Alcohol, Tobacco, Fuel and Electricity Excise Tax Act and the Value Added Tax Act (594 SE) – First Reading

15th Riigikogu, 5th session, plenary sitting

It supports fiscal responsibility and budget balancing, opposing the proposed bill that, according to Ministry of Finance calculations, would result in an 85 million euro revenue loss this year. It stresses the necessity of relying on figures provided by qualified analysts and criticizes the bill’s initiators for failing to provide any calculations themselves.
2025-05-06
The Minister of Finance's 2025 presentation on the implementation of the state's long-term strategy "Estonia 2035" (including an overview of the development directions of the public service in 2024)

15th Riigikogu, 5th session, plenary session

Economic perspectives emphasize the crucial role of the investment environment in encouraging businesses to put capital into productive technologies. The speaker prioritizes genuine productivity growth and takes a critical stance toward illusory, inflation-driven increases in wealth. This indicates support for economic policies that favor both productivity and investment.
2025-04-23
First reading of the draft resolution of the Riigikogu "Appointment of Members of the Bank of Estonia Supervisory Board from Members of the Riigikogu" (629 OE)

15th Riigikogu, 5th session, plenary session

Economic perspectives are limited to emphasizing the governance structure of the Council of the Bank of Estonia and statutory compliance. Specific positions regarding taxation, expenditures, or economic growth are not discussed.
2025-04-17
Draft Law Amending the Value Added Tax Act (593 SE) – First Reading

15th Estonian Parliament, 5th session, plenary session

Economic perspectives focus on the policy surrounding consumption taxes (VAT) and its implementation. The speaker stresses the need to be specific and responsible regarding tax cuts, demanding evidence that previous promises have been fulfilled. The focus is on scrutinizing the details of tax policy.
2025-04-09
Draft law amending the Income Tax Act (566 SE) – First Reading

15th Estonian Parliament, 5th session, plenary session

Advocates for a stable and predictable tax system, opposing tax changes driven by short-term favorable market conditions or extraordinary profits. It emphasizes the crucial role of a strong banking sector in financing the Estonian economy and notes the banks' comparatively higher tax burden (advance corporate income tax) relative to other business sectors.
2025-02-18
Draft resolution "Proposal to the Republic of Estonia's Government Regarding the Imposition of a Temporary Solidarity Tax on the Banking Sector" (535 OE) – First Reading

15th Riigikogu, 5th session, plenary sitting

The speaker advocates for a stable and predictable tax system that supports economic growth and investment. He emphasizes that banks already pay advance income tax and tax on dividends, and that their profits have contributed to the state budget surplus. He opposes extraordinary and high taxation of profits, deeming it unfair given the cyclical nature of the economy.
2025-01-16
Draft law amending the State Budget Act (520 SE) - First Reading

15th Riigikogu, 5th session, plenary session

Economic perspectives strongly emphasize fiscal transparency and detailed accountability regarding state budget expenditures. Support is given to a clear itemization of revenues and expenditures, opposing the presentation of operating costs as a single line item, which obscures the actual costs (IT, rent, supplies).
2024-12-04
Second reading of the draft resolution "Approval of the Consolidated Financial Report of the State for the 2023 Financial Year" (503 OE)

15th Estonian Parliament, 4th session, plenary sitting

Economic perspectives focus on fiscal correctness and transparency. There is support for the view that the state's accounting is in good order, but demands are being made for better budget execution reporting, faster transfer of unspent funds, and improvements to performance indicators so that they better reflect the actual situation.
2024-12-04
Draft law amending the 2024 State Budget Act (517 SE) – third reading

15th Estonian Parliament, 4th session, plenary sitting

Economic viewpoints stress the importance of fiscal transparency and stringent control over state budget expenditures. The speaker is concerned about situations where significant funds are reallocated without parliamentary oversight. This points to strong support for budgetary discipline and procedural correctness in the management of public finances.
2024-11-13
Draft law amending the State Budget Act (511 SE) - Second Reading

15th Riigikogu, 4th session, plenary session.

Economic views focus on fiscal transparency and accountability, preferring a cost-based budget to see what the money is actually spent on. The speaker notes with concern the growth of the debt burden and interest costs, linking further financing to an increased risk of insolvency. He criticizes the inefficient use of state funds, citing as an example the 13% of budgetary resources that remained unused.
2024-11-06
Overview of the Use and Preservation of State Property in 2023–2024. Five Years of Activity-Based State Budget: Results of the Reform and Necessary Further Decisions

15th Riigikogu, 4th session, plenary sitting

Economic views emphasize strong fiscal discipline and responsible spending, standing in contrast to bureaucratic waste. The speaker focuses on minimizing taxpayer costs, criticizing the working hours of officials and the commissioning of studies that fail to produce practical results.
2024-11-06
First reading of the draft resolution "Approval of the consolidated annual report of the state for the 2023 financial year" (503 OE)

15th Riigikogu, 4th session, plenary sitting

Economic perspectives centered on the transparency of public finances and the accuracy of reporting, issues which were addressed through the annual financial report. Emphasis was placed on the necessity of correctly assessing and statistically processing defense expenditures to ensure compliance with both national and international (Eurostat) standards.
2024-11-06
Draft law amending the Income Tax Act and the Mandatory Pension Act (434 SE) - Second Reading

15th Riigikogu, 4th session, plenary sitting

Supports measures promoting economic growth that increase the flexibility of investing financial assets and expand investment opportunities (crypto assets, crowdfunding). Demonstrates a strong willingness to consider the technical concerns of the financial sector (Banking Association) by resolving taxation bottlenecks (e.g., leveraged loans, bond redemption).
2024-10-22
Draft resolution "Proposal to the Republic of Estonia's Government regarding the introduction of a temporary solidarity tax on the banking sector" (487 OE) – first reading

15th Riigikogu, 4th session, plenary session

Prefers a stable and predictable tax environment, warning that temporary tax experiments deter foreign investors who currently view Estonia as a favorable investment destination. It is emphasized that banks are already paying substantial advance income tax, which has led to record tax revenue collection. The conclusion is that the taxes are ultimately borne by the consumer.
2024-09-16
2024 Report by the Minister of the Interior on the Implementation of the State's Long-Term Development Strategy "Estonia 2035"

The 15th Riigikogu, 4th session, plenary sitting.

Economic perspectives stress fiscal discipline and the reduction of administrative expenses across government agencies, advocating for cost-saving initiatives. Furthermore, they support directing the funds saved towards priority areas, such as increasing teachers' wages.
2024-07-29
Second Reading of the Bill to Amend the Income Tax Act (443 SE)

15th Riigikogu, extraordinary session of the Riigikogu

Economic perspectives address state intervention in local government investments and the redistribution of resources. The speaker demands clarity regarding which investments are stimulated at the national level, which suggests caution regarding the imposition of centralized priorities on local government spending.
2024-06-06
First reading of the Draft Act on the Amendment of the Income Tax Act and the Funded Pensions Act (Bill 434 SE)

15th Riigikogu, 3rd session, plenary sitting

Economic perspectives focus on the regulation of financial instruments and the efficiency of the pension system. In particular, concern is voiced that promoting self-directed investment through the pension reform has failed to deliver the expected results, as the number of users utilizing pension investment accounts remains very small. The discussion also covers allowing crypto assets on investment accounts, noting that they are sufficiently controlled and regulated.
2024-05-30
Discussion of the nationally important issue: "How can the state avoid living in debt?"

15th Riigikogu, 3rd sitting, plenary sitting

Economic perspectives emphasize fiscal discipline and are critical of Estonia's rapidly growing debt burden, which is viewed as a negative indicator. The speaker considers it important to learn from the experience of other Eurozone countries where debt is decreasing, signaling a desire to achieve similar fiscal consolidation.
2024-05-08
First Reading of the Draft Resolution of the Riigikogu "Making a Proposal to the Government of the Republic Regarding the Imposition of a Temporary Solidarity Tax on the Banking Sector" (367 OE)

15th Riigikogu, 3rd session, plenary session.

Economic outlooks emphasize the cyclical nature of the market and the crucial role of central bank monetary policy in managing inflation. It is believed that the high profitability currently seen in the banking sector is a temporary phenomenon, given that Euribor is declining and the interest expense banks incur on deposits is rising. He points out that banks are already significant contributors to corporate income tax revenue, and their advance income tax payments will increase starting next year.
2024-05-02
Continuation of the first reading of the Bill on the Tax on Sweetened Beverages (418 SE)

15th Riigikogu, 3rd session, plenary session

Economic perspectives stress the need for fiscal prudence and call for a rigorous cost-benefit analysis regarding any new taxes. There is opposition to the current draft bill because the projected revenue has been overstated and administrative costs (including both fixed and operational expenses) have been understated, with a clear preference for maintaining fiscal discipline.
2024-03-19
The 2024 Report by the Minister of Health on the implementation of the state's long-term development strategy "Estonia 2035"

15th Riigikogu, 3rd session, plenary session

Economic perspectives emphasize the necessity of involving private funding in healthcare and oppose the notion that problems can be solved merely by injecting more money from the state budget. Systemic reforms and changes to the operating model are preferred over simply increasing financial inflow.
2024-03-06
First reading of the Draft Act (379 SE) on the Amendment of the Tax Information Exchange Act, the Taxation Procedure Act, and the Income Tax Act.

15th Riigikogu, 3rd session, plenary session

Economic perspectives focus on preventing tax leakage and ensuring fiscal compliance within an international context. The significance of labor costs and tangible fixed assets in adjusting taxable profit is acknowledged, which helps Estonian companies avoid the minimum tax. Awareness is also demonstrated regarding the stability of the dividend policies of large companies (e.g., Bolt, Eesti Energia).
2024-01-24
Review of the Implementation of the "Fundamentals of Legislation Policy until 2030" in 2022

15th Riigikogu, 3rd sitting, plenary session

The economic perspective stresses the necessity of avoiding additional administrative burdens and costs resulting from the creation of unnecessary posts. This position is focused on reducing bureaucracy and ensuring the more efficient use of public funds.