By Months: Aivar Sõerd

The speaker demonstrates deep expertise in public finance, activity-based budgeting, and performance indicator systems. Technical terms such as "metrics," "target levels," and "nominal labor productivity" are employed, referencing specific data (e.g., 77.5% of the EU average in 2023). The core expertise centers primarily on analyzing the relationship between metrics and funding.

The speaker demonstrates profound expertise in financial market regulation, tackling specific issues like raising the threshold for prospectus-exempt issuance and relaxing language requirements. He employs technical terminology (issuance threshold, bank-centric) and references statistical context, for instance, by inquiring about the methodology used to calculate stock market volumes in light of Enefit Green’s impact. The overall expertise is geared toward locating the optimal regulatory balance between administrative burden and protecting investor interests.

Strong expertise in the fields of financial regulation, central bank asset management, and securities market law. Utilizes precise technical terminology, such as "derivatives and repo transactions," "green bonds," "netting/clearing," and "statistical valuation models." Demonstrates detailed knowledge of the legislative process, referencing specific statutes and the substance of proposed amendments.

The speaker demonstrates profound expertise in macroeconomic indicators and budgetary processes. He uses technical terminology such as "nominal labor productivity" and "activity-based budgeting," and refers to specific strategy documents ("Eesti 2035") and IT projects (SKAIS). This expertise extends to the details, as evidenced by inquiries regarding the absence of specific expenditure lines (communication, translation services) in the program-based budget.

The speaker demonstrates profound expertise in macroeconomics (labor productivity, inflation) and financial regulation. They utilize technical terminology and data, referencing the EU productivity target (110%), the drop in oil prices to 2021 levels, and the limitations imposed by the VAT Directive. They stress their dependence on the calculations provided by experts and analysts (the Ministry of Finance, the Bank of Estonia).

The speaker demonstrates significant expertise in financial policy, particularly concerning the taxation of banking and monetary policy forecasts. Technical terms such as Euribor, net interest income, and advance income tax are used, and reference is made to the consensus expectations of the European Central Bank (ECB) and economic analysts regarding interest rate cuts. To support their arguments, the views of the Ministry of Finance and Reuters news reports are cited.

The speaker demonstrates deep expertise in the fields of taxation and banking, utilizing technical terminology (advance income tax, the 22/78 tax rate) and data provided by the Tax and Customs Board concerning the largest taxpayers. They present specific figures regarding the income tax paid by banks (250 million euros) and the decision of the SEB headquarters, backing their arguments with solid facts. They also explain the cyclical nature of the banking sector and how profits are tied to the overall economic climate (Euribor).

The speaker demonstrates profound technical expertise regarding public finance and budgetary structure, using specific terminology such as "activity-based budgeting" and "operating expenditure items" (IT costs, rental costs). They rely on established budgetary logic and current legislation (the 2021 Regulation of the Minister of Finance) and cite criticism from the Auditor General and the Chancellor of Justice to substantiate their arguments.