bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Tuesday 23.07.2019 | Name days: Magda, Magone, Mērija
LatviaLatvia

Latvian government’s plan requires one billion euros, and they are one billion euros short

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUImplementation of the action plan developed by the Latvian government requires EUR 1 billion, said Prime Minister Krišjānis Kariņš at an extraordinary meeting of the government.

The prime minister reports that he has met with ministers during the action plan’s development process, and the implementation of the plan requires EUR 1 billion, adding that Latvia does not have this much money to afford everything.

«There won’t be a billion if we don’t change the policy. If we want to implement all priorities, we can do this by either dividing funding or increasing taxes, but no one wants the latter option. We have to meet somewhere in the middle,» admits Kariņš.

He invites looking at what Latvia’s government wants to accomplish in the next four years, considering existing macro-economic trends.

After the meeting, Kariņš told journalists that the 2020 state budget will have many challenges because even now there is a shortage of fund to afford all priorities set by ministries.

«Ironically, even with economic growth, rise in employment and decline in unemployment the government still does not have sufficient money. No one wants to discuss possible increase of taxes. With that, we will have to consider making the work of ministries more cost-efficient,» said Kariņš.

Latvia’s Stability programme 2019-2022, which was approved by the government on Monday, 15 April, mentions that the country’s fiscal space for 2020 is expected to be -11.9 million euros. According to the prime minister, the government will have to work to make the fiscal space positive, as well as carefully consider priorities worth supporting. Among priorities of Latvian ministries he mentioned the administrative territorial reform, as well as reforms in education and healthcare.

«I refuse to work in an environment where everyone has their personal list of wants and they rip and tear to get what they want. The country cannot develop in such a way. Ministers should decide on common priorities. The 2020 state budget will be our government’s most difficult task. If we overcome this challenge, we will have a clear vision for the country’s development,» admits the prime minister.

Talks about the 2020 budget are planned to commence in seminar form after Easter. During these seminars it is planned to review a number of topics, including the tax system, use of state funds, etc.


Leave a reply

Number of airline passengers serviced in Latvia up nearly 10%

A total of 3.5 million passengers were serviced at Latvia’s international airports in the first half-year of 2019, which is 9.6% more when compared to the same period of 2018, when 3.2 million passengers were serviced, according to data compiled by the Civil Aviation Agency.

Ukrainian president Zelenskiy pulls another big election win

In the Ukrainian parliamentary election, the political party of Ukrainian President Volodymyr Zelenskiy, with 98% of votes counted, has won parliamentary majority.

Volume of alcoholic drinks produced in Latvia up 2% in five months

In the first five months of 2019, a total of 21 708 million litres of alcoholic drinks was produced in Latvia, which is 2% more when compared to the same period of 2018, according to data from the State Revenue Service’s compiled information on excise tax.

We have to be patient – Latvian minister about citizen detained in Iran

We have to be patient in the matter concerning Stena Impero tanker’s crew and the Latvian citizen who are detained by Iranian authorities. A lot depends on how political events unravel, says Foreign Affairs Minister Edgars Rinkēvičs.

Committee: potential NEPLP members’ reputation is their promoters’ responsibility

Responsibility for the reputation of potential members of Latvia’s National Electronic Mass Media Council should be taken by organizations that recommend them, said head of 12th Saeima’s Human Rights and Public Affairs Committee Inese Laizāne.

Latvia to test individual budget model to support people with mental disorders

Welfare Ministry and ten municipalities will use EU Social Fund’s co-financing to test a new approach for social service provision to adults suffering from mental disorders. In other countries this approach is known as «individual budget model».

UK in emergency meeting over Iran-seized tanker with Latvia on board

British government members, intelligence and military chefs are holding an emergency meeting over the seizure by Iran of a UK-flagged oil tanker with a Latvian crew member on board in the Persian Gulf.

Latvian lawyer and ex-judge Uldis Bērziņš killed in Mārupe

Lawyer and ex-judge Uldis Bērziņš was killed in Mārupe, Latvia, according to information from LETA.

Audit uncovers a lack of transparency in use of Latvian Agriculture Ministry’s money

Unclear accounting and use of finances, council members with ties to associations assess money allocation for associations, trips to Spain and Italy for no reason, as well as hundreds of projects with no tangible results – State Audit assess use of finances in Agriculture Ministry’s funds.

Estonian President cycles 135 km in amateur Tour de France

Estonian head of state, Kersti Kaljulaid, showed an example of active lifestyle as she cycled 135 kilometres in Étape du Tour de France on Sunday, the amateur stage of the annual bicycle classic.

Latvian minister may consider raising tax on diesel fuel to finance road maintenance

In order to find money to finance road maintenance in Latvia, the option of increasing excise tax for diesel fuel is not entirely excluded, said Latvia’s Transport Minister Tālis Linkaits in an interview to public broadcaster LTV programme Rīta Panorāma on Friday, 22 July.

Court ruling on Estonia ferry disaster seen as big disappointment

The ruling of a French court in a compensation case over the tragic sinking of Estonia ferry in 1994 has been described as a big disappointment by lawyer of the relatives of victims.

Latvian citizen among sailors of British tanker detained by Iran

Among the crew of the British tanker detained by Iran is one Latvian citizen, according to the report from Latvia’s Foreign Affairs Ministry.

Heavy rain expected in Latvia at week’s beginning; air temperature to reach +29° C

The beginning of the week in Latvia will be rainy, as low atmospheric pressure and rain clouds move through Latvia. Nevertheless, at the end of the week air temperature will reach +29 C, as reported by State Environment, Geology and Meteorology.

In Ukrainian parliamentary election, win of Zelenskiy's party coming

Ukraine has held its snap parliamentary election, where, according to exit polls, Servant of the People party lead by Ukrainian President Volodymyr Zelenskiy has won with a clear majority.

Week in Lithuania: CB denies Swedbank’s Syria links, PM Skvernelis to change some ministers

Last week, PM Saulius Skvernelis revealed that the Government mulls taxing property and polluting cars, Lithuanian Railways said it will keep contract with Latvia's Sigmen, Court disqualifies itself from Paleckis case.

BNN summary of the week: Cutting a pie. Minimal wage. Dangerous games

Is there a pleasant aroma of a fresh pie in the air? Judging by events of the past week, the tasty smell of the 2020 budget has already spread across government corridors even though the dough is not ever ready.

Latvia among Baltic States with first quarter’s highest budget deficit

In Q1 2019, the general government budget deficit ratio to GDP in Latvia was higher than the average across the EU, according to data published by Eurostat.

Latvia’s industrial producer price level up 0.4% in June

Compared to May, the level of producer prices in Latvian industry rose by 0.4 % in June 2019. Prices of products sold on the domestic market grew by 1.5 %, but prices of exported products reduced by 0.7 %.

Curious career zigzags. From shipping schemes to a warm seat in Latvian Railway

Shadow of doubt over fraud worth five million euros. Career twists with Lembergs’ approval. Secret peace treaty following Uldis Augulis’ entry to Transport Ministry. Illegal state of monopoly in the industry. What hides behind Latvian Railway chief’s «spotless» reputation?

Estonian TransferWise hires Netflix’s ex-chief financial officer

Estonian-led financial transactions start-up TransferWise has announced expansion of its board of directors with the former chief financial officer of the American online television service Netflix, David Wells.

Ukraine to reform citizenship process following Russian passport move

Volodymyr Zelenskiy, the President of Ukraine, has ordered changes to the process for receving Ukrainian citizenship reacting to a Moscow decree increasing the number of Ukrainians eligible for fast-track Russian passports.

SES: barrels with chemicals found in Baldone are not harmful to people or environment

The barrels found in Baldone containing different chemicals do not present any direct threats to the environment or people, as reported by State Environment Service.

U.S. shoots down Iranian aircraft amid rising tensions in Persian Gulf

With American-Iranian relations being tense, U.S. President Donald Trump stated that an American naval ship had downed an Iranian drone that threatened the ship in the Arabian Sea.

NATO StratCom does not consider FaceApp more dangerous than Facebook

The US Democratic Party is concerned about Russian-made FaceApp, which allows its users to imagine how they might look like when they are old and retired. NATO StratCom, however, does not consider the app to be more dangerous than other apps users entrust their personal data with.