This May, the State Revenue Service administered tax revenues comprised 332.4 million lats – 1.7% or 5.48 million lats more than planned in this period, according to the information available on the SRS website.
Welfare Ministry plans to involve 49 000 jobless persons in temporary jobs over the next two years as a replacement for the hundred-lats programme, says Imants Lipskis, representative of the Welfare Ministry.
The actual strawberry season in Latvia is still to come – currently local strawberries are only available at certain large cities’ markets and for three to six times higher price as the ones imported from Poland.
Latvia has spent 2.611 billion lats from the international loan program funds, according to the report to the Saeima reviewed by the Cabinet of Ministers on Tuesday, June 7.
On Monday, June 6, the rating agency Moody's improved Latvia’s future outlook from stable to positive, maintaining the credit rating at the previous level (Baa3), the Finance Ministry informs the business news portal BNN.
Financial markets are not excited about any short-term political uncertainty; however, in the current situation the 2012 state budget formulation will be crucial for the further development and market sentiment, considers Elmārs Zakulis, deputy head of Bank of Latvia Monetary Policy Department.