bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Monday 18.11.2019 | Name days: Doloresa, Aleksandrs

Riga City Council opposition: Council prepares «festivities budget»

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

The Deputies of parties New Era (Jaunais laiks) and Citizens’ Union (Pilsoniskā savienība), which are representing the party association Unity (Vienotība) at Riga City Council (RCC), are up in arms how Riga Municipality’s budget funds and previously accumulated means are carelessly and recklessly spent.

Currently, the planned 2011 budget deficit of Riga City Council is 52 036 501 lats or 13.01%. In early 2011, the amount of accumulated funds in the Municipality budget will be more than 46 million lats, but at the end of the year, after expensive Christmas tree campaigns and huge festivities at Jāņi (Summer Solstice festival) fires on the Embankment, the balance of budget will only be 40 thousand lats.

The opposition has already indicated that Riga City Council is preparing a «festivities budget» intending to spend 19.4 million lats on leisure activities.

The ruling SC-LPP/LC block continues to manage the Municipality and its financial means in a «bulldozer style» – amusing themselves, investing in dubious marketing shares and «megaprojects», states the opposition.

It also indicates in late 2011 Municipalities cash balance will not be able to cover even the expenditure required for fulfilling debt commitments.

«In stead of attracting the European Structural Fund resources Riga Mayor Nils Ušakovs chooses to take additional debt commitments and further increase RCC budget deficit, as it is with the necessary funding for Southern Bridge third round construction, because it is easier to borrow Municipality’s money,» opposition representatives informed the business portal BNN.

They also indicated that in such situation the financial independence of Riga Municipality will be considerably limited, because its ability to finance a possible deficit will directly depend on the borrowing limits set by the state and Local Government Borrowing and Guarantees Monitoring and Supervision Commission’s decisions.

The opposition Deputies believe Riga lacks good management that would responsibly and sustainably plan the work, daily activities and city’s future development.


Leave a reply

  1. Anonymous says:

    “Festivity budget”…well the festivals and holidays have to be celebrated somehow…with some means…

Week in Lithuania: President pardoned two Russian spies, climate action plan approved and bomb defused

Last week, in Lithuania, the key news stories were a presidential pardon to Russian spies, the approval of a climate change action plan getting approved and the start of a mission of the International Monetary Fund.

BNN summary of the week: budget 2020; excellent Latvian filmmakers; doctors’ worries

The patriotic week passed in Latvia not only with the celebration of the 100th anniversary of Latvian army’s victory over Bermondt forces but also with intense discussions for the country’s budget of 2020. The 25-hour-long debates became so heated in the end the opposition left before the final vote. Because of that, the budget project was adopted with votes from only 57 deputies.

October’s inflation in Latvia higher than average in EU and Eurozone

In October 2019, inflation in Latvia was higher than the average in the European Union and Eurozone, according to information published by Eurostat on Friday, 15 November.

Z-Towers examination reports to be evaluated by construction experts

The State Construction Control Bureau of Latvia has commenced an administrative process and plans to assess the work performed by certified construction experts on Z-Towers. This includes assessing reports associated with the project, as confirmed by the office’s representative Elīna Balgalve.

Riga’s Vice-Mayor dismisses the board of Riga Central Market

Vice-chairman of Riga City Council and shareholder Vadims Baraņņiks has dismissed the board of SIA Riga Central Market.

Unemployment in Latvia drops to 6%

Latvia's unemployment rate constituted 6.0 % in Q3 2019. Compared to the previous quarter, unemployment rate fell by 0.4 percentage points, while over the year it reduced by 1.0 percentage points.

Employment rate in Latvia reaches 65.6% of the population

917.8 thousand people or 65.6 % of the population of Latvia aged 15–74 were employed in Q3 2019. Over the year, employment rate grew by 0.3 percentage points, and number of employed persons fell by 2.3 thousand. During the period, population declined faster than the number of employed persons.

SEB share price heavily affected by suspected money laundering in Baltics

Swedish banking giant SEB AB has seen its stock value sinking by 15% as it awaits a programme by the Swedish public broadcaster over suspected money laundering in the Baltics, where the name of the bank would also appear, Bloomberg reports.

State Security Service detains three persons for illegal arms supply to African countries

Latvia’s State Security Service has detained three persons for illegal supplies of arms to African countries under EU and UN sanctions, as mentioned in VDD’s report.

Investigators of MH17 downing point to close Putin ally

Dutch-led investigators of the downing of the 2014 flight MH17 over Ukraine have published a series of phone intercepts, among them one between former senior Kremlin official and pro-Kremlin separatists rebels blamed for the crash.

Harmony halts work in Riga City Council coalition until GKR makes up its mind

Political party Harmony’s faction in Riga City Council has decided to halt its work in the coalition until Honour to Service Riga makes up its mind in regards to cooperation with Independent Deputies Faction, as confirmed by Riga City Council’s vice-chairman Anna Vladova on Thursday, 14 November.

To increase parties’ independence, Saeima decides to boost support for them

In the final reading, Latvia’s Saeima approved controversial amendments to the Law on Financing of Political Organizations, significantly boosting state support for political parties.

Sweden sells off Australian, Canadian bonds over carbon footprint

Sweden’s central bank has stated it had given up bonds in the mining regions of Australia and Canada as Riksbank said the greenhouse gas emissions of both countries were large.

With 57 deputies present, Latvia’s Saeima adopts state budget for 2020

After two-days’ worth of discussions, Latvia’s Saeima finally approved the state budget on Thursday, 14 November, with 57 votes in favour, as reported by Saeima’s press-service.

Germany to partly lift solidarity tax for support of ex-communist east

Germany has had since 1991 a solidarity tax requiring people in western Germany to support the east of the country to support its economic development. The government has decided to largely lift it from 2021.

Lithuania set to expand residential real estate tax payers’ base

With the economy prospects for the new year looking bleaker, the Lithuanian government is scrambling to find new ways to prevent a looming drought of state coffers. The Lithuanian legislature, Seimas, has revisited this week the idea of taxing polluting cars, real estate and bank assets.

Estonian skiing ex-coach convicted of doping facilitation

A court in Estonia has found Mati Alaver, a former national skiing coach, guilty of doping facilitation and convicted him to probation.

Tourist upturn in Latvian accommodations reaches 2.27 million in 2019

1.03 million foreign and Latvian visitors stayed at Latvian tourist accommodation establishments Q3 2019, which is 0.5 % more than Q3 2018. Compared to corresponding period of the previous year, the number of nights spent by visitors increased by 1.5 %.

Central Election Commission permits signature collection for Seaima’s dismissal

On Thursday, 14 November, Latvia’s Central Election Commission registered a signature collection process initiated by Varu Latijas Tautai and Centre Party for the dismissal of the 13th Saeima.

Corruption watchdog once again punishes VID officials for illegal information acquisition

Corruption Prevention and Combating Bureau has once again punished officials of the State Revenue Service who were caught illegally acquiring information from systems.

Saeima decides: unemployment benefit to be paid for eight, not nine months

From 2020 onward unemployment status will be provided and benefits paid for eight months instead of nine, BNN was told by Saeima’s press-service.

Lithuania pushes for NATO ally involvement in EU defence projects

Lithuanian National Defence Minister Raimundas Karoblis has emphasised that European Union’s defence projects should be open to NATO allies from outside the EU to join in.

Healthcare trade unions to decide on future protests in Latvia

Latvian Trade Union of Health and Social Care Workers council plans to decide on future protests on Tuesday, 19 November, as confirmed by the trade union.

Estonia registers lowest unemployment in century

The unemployment rate in the century-long history of Estonia has dropped in third quarter of the year to a record low of 3.9%, the country’s official statistics show.

Minister: suspicious interest for Latvia’s military objects considered medium-high

The level of suspicious interest of foreign people for Latvia’s military objects using different research methods, including drones, is considered medium-high, says Latvia’s Defence Minister Artis Pabriks.


Do NOT follow this link or you will be banned from the site!