bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Friday 23.02.2018 | Name days: Haralds, Almants
LatviaLatvia

Latvia’s new government plans to achieve annual 5% GDP growth

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RU«A good motivation for future work and decision is the fact that Latvia’s economy is one of the most rapidly growing ones in Europe. The government’s objective is to maintain this. But I do not mean a pedal-to-the-metal approach to things – I mean reasonable growth. The government has taken upon itself to achieve 5% GPD growth annually,» – said Latvian Prime Minister Laimdota Straujuma before the confidence vote in the Saeima.

She added: «We will improve paid social services and officials’ work. Not because it is in a bad state. We know of many examples when people to whom we say thank you receive their pay from taxes paid by the public. We know many excellent teachers, doctors, officials, police officers and soldiers. We are certain about our fire-fighters’, police officers’ and doctors’ commitment in Zolitude.

In order to improve welfare of families in Latvia and ensure survival of the nation, the goal of the next four years is the reduction of social inequality. We will work so that everyone, especially the people with low income and families with multiple children, have an opportunity to work, gain income to survive, acquire education, healthcare and social services. We believe this is the way to maintain social security in the country and improve everyone’s ties with community and civil society’s activities, offering an opportunity for everyone to live in Latvia that knows its national identity and bases its foundation on Latvian residents’ moral values.»

«Starting with 2016, we will introduce a progressive tax-free allowance, which will allow us to increase wages for small-wage recipients and also maintain the same level for those who are paid wages that are above the average in the country. At the same time, we will also increase PIT benefits for dependants.

One of the most significant matters the new government will need to resolve is the improvement of the country’s healthcare. A person who is no longer able to partake in the labour market because of a disability or pension is a loss for all of us.

We will gradually increase state budget funding for the needs of state healthcare. At the same time, we will use finances allocated for healthcare more effectively in order to reduce inequality of healthcare services for people with low income, reduce healthcare costs for healthcare services and expand the range of medicine and medical equipment availability,» – promises the Prime Minister.

«Quality is the keyword for development of Latvia’s education system. The same applies to availability of education institutions close to home. Quality should be the keyword for all levels of education. It is important to create a system that would allow young teachers to enter. In order to help a small society be more competitive and more able to survive, there has to be an exceptional education system. The same way it is in Finland. This is why we plan to reorganize young teachers’ training programmes.

Rural schools have a historic, spiritual and economic value in Latvia. They form the foundation of cultural and social live in Latvian counties. We will create a school network development model that will include a programme for preservation of Latvian rural schools. We will provide more attention to exact sciences (mathematics, physics, chemistry) in order to improve the foundation of knowledge for students. We will introduce a new model for higher education financing that will be based on assessment of quality of education programmes,» – said the Prime Minister.

One of the main priorities of the new government is security in every sense of the word. «I would set strengthening of Latvia’s national security as the first priority. Events in Ukraine have forced us to remember what we fought for on the barricades. I have received my mandate from voters to protect Latvia, its language, culture and people. It is the objective the countrymen who had been sent in exile have given us. It is a responsibility that was once shouldered by founders of our country and patriots who gave their lives for Latvia. My government has approved a plan that provides for increasing the country’s defence budget to 2% of GDP in the next two years. It is our country’s duty and the duty of our strategic partners. We have to support our country’s internal security by supporting development of our internal system.

Security also means energy independence and diversification of energy sources. This is why we are doing all we can in order to diversify gas supplies and develop other energy sectors. This will be one of the main priorities for the next government as well,» – promises Straujuma.

«The composition of the new government is professional and hard-working. We have managed to balance fresh views, experience and succession – my team includes four ministers who do not have prior experience in the government, seven who worked in my first government and two with experience working in the government,» – said Straujuma in her speech.

Ref: 102.109.109.5892


Leave a reply

Trade union worried teachers may not have time to prepare for new education content

Teachers may not have enough time to prepare to work with new education content, said manager of Latvian Education and Science Workers' Union Inga Vanaga in an interview to Rīta Panorāma programme of LTV.

Judins, Loskutovs, Čigāne and Dālderis to continue working in Unity’s faction

Saeima members Andrejs Judins, Aleksejs Loskutovs, Lolita Čigāne and Ints Dālderis will continue working in Unity’s faction and coalition.

Saeima supports member’s proposal to publish wages of Bank of Latvia employees

Latvia’s parliament has decided to support Ints Dālderis’ proposal to publish wages paid to employees of the Bank of Latvia, education institutions, as well as municipal capital associations.

More snow expected on weekends; air temperature to drop even more next week

On the night to Friday, 23 February, air temperature in most of Latvia declined to -21° C… -27° C. It was only warmer in Kurzeme and some parts of Vidzeme, as reported by Latvia’s State Environment, Geology and Meteorology Centre.

SEB Bank: more employment options will open up and workers will become more selective

«It is becoming easier to change jobs nowadays. The largest selection of employment options are found in regional centres and cities, especially Riga and Pieriga. We see fewer employment options in regions even though there is still considerable demand for workers there,» predicts SEB Bank’s macroeconomics expert Dainis Gašpuitis.

ABLV Bank’s manager claims the bank is ready for cancellation of payment restrictions

ABLV Bank is ready for cancellation of payment restrictions, said the bank’s chairman Ernests Bernis during a press-conference on Thursday, 22 February.

62.9% of Latvia’s population was employed in 2017

Compared to the year before, in 2017 employment rate grew by 1.3 percentage points and number of employed persons by 1.5 thousand. Employment rate among men grew faster than among women – by 1.6 percentage points and 1.0 percentage points, respectively. 894.8 thousand people or 62.9 % of Latvia population aged 15–74 were employed in 2017.

Lithuania and Latvia: the tale between two sisters marked with rivalry

Relations between Lithuania and Latvia, two tight-knit Baltic neighbours, may exemplify a sisterly relationship from the first sight, but just over the course of a single week, several pings rang, signalling that rivalry is, and has always been, a component of coexistence.

Lembergs unable to organize his private life because of intense court proceedings

Lembergs unable to organize his private life because of intense court proceedings

Unemployment level in Latvia decreased to 8.7% in 2017

85.4 thousand people aged 15–74 in Latvia were unemployed in 2017. Compared to 2016, the number of unemployed persons has dropped by 9.9 thousand or 10.4 %.

Council member: ECB is openly dissatisfied with restrictions imposed on Rimšēvičs

The European Central Bank (ECB) is openly dissatisfied with restrictions imposed on one of its council members – governor of the Bank of Latvia Ilmārs Rimšēvičs, said council member of the Bank of Latvia Edvards Kušners in an interview to 900 seconds programme of LNT.

Defence expenditures in Latvia planned at EUR 234 million in 2018

Latvian government plans to spend EUR 234 million on defence projects, including procurement of transports, ammunition, armaments and individual equipment, in 2018 as confirmed by Defence Ministry.

Ministry cancels mandatory procurement component permits for five CHP plants

Latvia’s Economy Ministry has made a decision to cancel the permit to sell electricity within mandatory procurement component for five other renewable energy co-generation plants plants: SIA Madonas Eko, SIA Eiro-Āzijas investment agency, SIA EVOKEM, SIA M Parks, and SIA Eco Latvis.

NSC proposes Maizītis for a second term as Chief of Constitution Protection Bureau

Members of Latvia’s National Security Council have decided to propose the current head of the Constitution Protection Bureau Jānis Maizītis for another term at the helm of this institution, as BNN was informed by the State President’s Chancellery.

Latvijas gāze’s subsidiary Gaso proposes reducing gas transmission price

Latvijas gāze’s subsidiary Gase has turned to Public Utilities Commission with a proposal for a new natural gas transmission system service’s tariff project, providing for a reducing gas transmission price by 18-46% for more than 95% gas consumers.

FCMC invites Bank of Latvia to provide ABLV Bank with yet another emergency loan

The Finance and Capital Market Commission (FCMC) has invited the Bank of Latvia to issue ABLV Bank another emergency loan.

Crime rate in 2017 was the lowest in Latvia’s history

Last year’s crime rate turned out the lowest in Latvia’s history, as reported by Prosecutor General Ēriks Kalnmeiers in his annual report.

LEC: government priorities should include searching for causes and solutions, not the guilty

Latvian Employers’ Confederation (LEC) is worried about ongoing events and their negative effect on the stability and future development of the country’s economy. LEC believes that stabilization of the financial situation requires careful coordination of actions between institutions and the government.

Producer price level in Latvia grew 0.9% in January

Compared to December 2017, level of producer prices in Latvian industry rose by 0.9 % in January 2018. Prices of products sold on the domestic market went up by 1.2 % and prices of exported products by 0.6 %.

Latvian President believes country’s financial system is stable; prime minister plans to report to European Council

«Latvia’s financial system is stable, and there is no reason to worry about possible instability of the banking system. Banks continue working as usual,» says the President of Latvia Raimonds Vējonis.

Corruption Perception Index in Latvia experienced no major changes in 2017

Latvia’s positions did not improve much in Transparency International’s compiled Corruption Perception Index 2017, said Delna – Society for Openness acting director Liene Gātere in an interview to Rīta panorāma programme.

Latvian citizens arrested in Britain under suspicions of organizing slavery

Five people were arrested in a joint international operation by Latvian and British law enforcement operatives, as confirmed by Latvian State Police.

Opinion: Russia is trying to use the situation to create chaos in Latvia

Russia is trying to use the established situation to create chaos in Latvia. Efforts, however, are fated to fail, says chairman of Saeima’s Defence, Internal Affairs and Corruption Prevention Committee Ainars Latkovskis.

Dismissal requested for Latvia’s Finance Minister; parties worried about finance sector sinking deeper

Latvia’s Finance Minister Dana Reizniece-Ozola has failed to prevent the decision made by United States Department of the Treasury, which is ruinous for the country’s financial sector and humiliating for its reputation, says chairman of New Conservative Party Jānis Bordāns.

Defence Ministry: a massive information campaign is being realized against Latvia

Considering events of the last several days in the country’s banking sector and the arrest of the governor of the Bank of Latvia – Ilmārs Rimšēvičs – it is entirely possible that someone is currently realizing a massive information operation. Its structure and execution is not unlike the one observed in USA, France and Germany during the pre-election period, BNN was told by Latvia’s Defence Ministry.