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Monday 16.01.2017 | Name days: Lida, Lidija
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Saeima to approve next year’s budget on 23 November

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RULatvia’s parliament plans to approve the final draft of the country’s budget for 2017 on 23 November, as agreed upon by members of Saeima’s Budget-Finance Committee on Wednesday, 21 September.

«Finance Ministry planned to submit the next budget’s project to the Saeima on 14 October. We will ask the parliament to decide on its submission to committees for review on 18 October. The final reading is set for 23 November,» – says Chairman of Saeima’s Budget-Finance Committee Janis Vucans.

During the Wednesday meeting, deputies and Finance Minister Dana Reizniece-Ozola discussed the progress of the state budget plan, the country’s macroeconomic indexes and planned changes to the budget’s revenue and expenditures.

Reizniece-Ozola informed deputies that no major tax changes are planned for 2017. She emphasized the commitment to continue efforts to resolve the lasting problem in healthcare, education, security and judicial affairs, as well as continue measures to combat grey economy.

The minister mentioned the allocation of additional funding to P.Stradins Hospital for the construction of a new building, reduction of queues and maintenance of information system in healthcare as the main expenditures for the next year’s budget. It is also planned to allocate additional funding to conclude reforms in education and enhance interior security. The latter applies to measures aimed at improving security measures along Latvia’s eastern border, creation of a new pay system for police officers and workers of prisons. It also planned to ensure structural changes within the State Revenue Service.

In addition to the next year’s budget plan, it is planned to submit 56 associated legal drafts to the Saeima for review, as BNN was told by the Saeima press-service.

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