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Wednesday 13.11.2019 | Name days: Jevgēņija, Jevgēņijs, Eižens
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Finance Minister: budget amendments – not expected till 2nd quarter of 2011

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RU, Andris Vilks

Finance Minister Andris Vilks

Most likely, amendments to the state budget will be conducted in the second quarter of 2011, the Finance Minister Andris Vilks indicates to Latvijas Radio, adding that until then it should be decided from where to attract additional 50 million lats for the budget consolidation.

Vilks points out that the bulk of the structural reforms will have to be carried out in the education and health sector; moreover, the final results on the year 2010, which should be taken into account, will be available only in February and March, next year.

The Minister is certain that there should be no problems with the budget implementation and tax collection, because the budget is based on rather conservative macroeconomic forecasts. Also, great emphasis is put on the shadow economy combat plan, which will be introduced next summer. In this way, additional 60 million lats will be charged, of which 15 million lats would go to the state budget.


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  1. Helen_a says:

    Amendments again…it’s almost as if the government likes these constant changes…instead of decisively taking measures.

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