bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Tuesday 21.01.2020 | Name days: Agne, Agnese, Agnija
LatviaLatvia

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

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

budget 2020, approval, Saeima, debates, coalition, importantAfter 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.

According to information from Saeima’s website, the meeting concluded at 21:21 and only 57 parliamentarians had taken part in it. The opposition was absent.

A total of 161 proposals were received for the second reading of the state budget for 2020. None of the proposals submitted by the opposition were supported. The meeting dedicated to the final reading of the budget lasted more than a day – nearly 25 hours.

The Saeima also approved the law on medium-term budget content for 2020, 2021 and 2022, as well as amendments to 26 accompanying laws.

Next year’s state consolidated budget revenue is planned at EUR 9.9 billion and expenditures – at EUR 10 billion.

State base budget review in 2020 is planned at EUR 6.9 million, whereas expenditures – EUR 7.2 billion.

The budget deficit of the 2020 general government budget is planned at 0.3% of GDP, whereas GDP growth in 2020 is planned at 2.8%.

Ministries have reviewed their expenditures and increases are planned for all industries. The lowest wages are set to increase. Maximum differentiated non-taxable minimum will increase to EUR 300. In a year it is planned that minimal labour wage will increase to EUR 500, as reported by Saeima’s Budget and Finance Committee chairman Mārtiņš Bondars.

Additional funding of EUR 228.7 million will be diverted to the social sector, and one of the priority measures will be the increase of state social guarantees for disabled people. It is planned at EUR 80 instead of the current EUR 64.03. People suffering from disability since childhood will receive EUR 122.69 instead of EUR 106.72. The minimal amount of disability pensions will increase alongside state social guarantees.

Minimal retirement pension amount will also increase in Latvia next year. It will no longer depend on state social guarantee amount. Instead its calculation will use a calculation base set by the government. In general cases it is planned to be EUR 80.

A number of benefits will no longer be associated with minimal monthly wages. This will apply to state guarantees subsistence funds, as well as minimal subsistence amount for child care in foster families. The state guaranteed subsistence amount will be outlined in the law, whereas the subsistence amount for foster families will be set by the Cabinet of Ministers. The subsistence amount will remain unchanged. Depending on the country’s economic situation and budget capabilities, it will be possible to review benefit amounts.

Next year’s planned additional finances will be diverted to help increase wages. This includes EUR 60 million for doctors, EUR 23 million for teachers, EUR 2.3 million for workers of probation services and court workers, EUR 10.7 million for workers of the interior affairs sector, and EUR 8.3 million for culture workers.

Additional finances of EUR 4.3 million will be allocated for compensated medicines. EUR 3 million will be allocated to finance treatment of patients suffering from rare diseases.

EUR 7.8 million will be allocated to finance maintenance of roads. EUR 5.9 million will be allocated to help organize the media space. This includes the departure of public media from the advertisement market and enhancement of the information space. EUR 1.1 million is intended for the administrative territorial reform.

Municipalities will receive funding of EUR 63.1 million, which is 3.6% more when compared to 2019. This amount includes funding for teachers and roads.

Next year, continuing measures to combat grey economy, it is planned to enhance tax administration’s involvement in contribution to fair entrepreneurship, providing the right to inform taxpayers about potential risks associated with partners in value added tax. On top of that, measures are planned to ensure convenient and quick public accessibility to company registration information free of charge.

In the field of taxes, the biggest tax rate will be put on gambling machines, roulette games, card and dice games. Additionally, the tax rate will increase for certain natural resources. A new tax will be adopted – tax for burning waste. Tax relief on use of natural resources for production and co-generation of electricity will be abolished.


Leave a reply

Minister: Rebenoks is one of the winners of Latvenergo council members selection process

The decision regarding approval of the new Latvenergo council, to which is planned to delegate Latvian Economy Minister Ralfs Nemiro’s advisor Pāvels Rebenoks, could be made by Economy Ministry’s state secretary, said Nemiro.

Railway freight volumes in Latvia drop 15.8% in 2019

When compared to 2018, railway freight volumes in Latvia had declined 15.8% in 2019. Total railway freight volumes reached 41.492 million tonnes, according to data from the Transport Ministry.

UN: Illegal for countries to send back climate refugees

UN Human Rights Committee has found that it is illegal for countries to send refugees to their home countries if their lives or welbeing is in danger at home.

18 589 thousand children born and 12 913 marriages signed in Latvia in 2019

In Latvia, birth number has been declining for four years in a row. 18 589 births were registered in 2019, which is 725 births fewer than in 2018.

Kaimiņš invites KPV LV to decide on party’s liquidation during congress

KPV LV does more bad than good for the country now and is beyond saving, said the party’s founder, Saeima deputy Artuss Kaimiņš in an interview to Latvijas Radio, inviting members of the party to decide on its liquidation at the upcoming congress.

Krūmiņš and Raitums receive fines for illegal financing of ZZS and For Latvia from the Heart

At the end of 2019 Businessman Jūlijs Krūmiņš and financial consultant associated with him Jorens Raitums both agreed to pay EUR 100 000 fine for using third parties to gather money for the Union of Greens and Farmers and For Latvia from the Heart, as reported by TV3 programme Nekā personīga.

Estonian producer price index decreased in 2019

Estonia’s producer price index of industrial output decreased from December 2018 to December 2019 by 1.2%, the country’s official statistical body Statistics Estonia estimated.

Justice Minister: Bičkovičs might pick prosecutor general candidate before amendments

Ivars Bičkovičs, chairman of the Supreme Court of Latvia, may be able to perform some manoeuvres to pick the most appropriate candidate for the post of prosecutor general before amendments aimed at changing the order candidates for the aforementioned position are picked come to force, said Latvian Justice Minister Jānis Bordāns in an interview to newspaper Latvijas Avīze.

Estonian minister stresses immigration’s dominance in population growth

In Estonia, where statistics expect the 2019 to have been the fifth consecutive year of population growth, the Population Affairs Minister has pointed to current foreign immigration rate exceeding the country’s aim of foreign immigration.

Programme: minister wants state secretary gone over an objection

Prior to major changes in Latvenergo’s council and board, the company’s current supervisor and Economy Ministry’s state secretary Ēriks Eglītis may lose his post. It is worth mentioning that he objected to providing Economy Minister Ralfs Nemiro’s once boss Pāvels Rebenoks an official post, as reported by TV3 programme Nekā personīga.

UK’s Prince Harry steps down from royal duties after funding row

United Kingdom’s Prince Harry has announced the resignation of him and his wife Meghan from their royal duties after they did not succeed in being allowed to continue to serve without public funding. Prince Harry and Meghan have agreed to no longer formally represent the British Queen.

National Alliance wants pre-election promotion carried out only in state language in Latvia

On Monday, 20 January, at the meeting of the Coalition Council the National Alliance «All for Latvia-For Fatherland/LNNK» will ask participated in the meeting to discuss amendments to the Pre-election Campaign Law that propose limiting pre-election promotion to state language only.

Libya peace talks in Berlin seek to stop foreign involvement in war

A peace conference on Libya has been held in Berlin, where 11 countries have undertaken to respect an arms embargo and called for a lasting peace in the North African country between its two competing governments.

Weather in Latvia to be volatile this week; nights to be chilly on some days

This week’s weather is expected to be volatile in Latvia – the sky will be covered with clouds on some days and clear on others, some precipitation and strong wind is also expected. This week also air temperature will mostly stay at above 0° C.

Week in Lithuania: police on hunt of a child’s kidnapper, 2020 conscription list announced, Belarus seeks Lithuania’s help

In Lithuania, the top news stories last week were the police hunt of a child’s kidnapper, the announcement of the 2020 conscription list and Belarus seeking Lithuania’s help court.

BNN summary of the week: Lay-offs at LDz. KNAB wrapped around ZZS’ finger. Ķuzis steps down

The last week demonstrated that not everything that glitters is gold. Although previously Latvian Railway proudly reported growing freights and revenue, the statement released in the middle of the week suggests the company is not in the best state – the company plans to lay off 1 500 workers by the end of the year.

FKTK lists exceptions in which banks are allowed to service Aivars Lembergs

Latvian Finance and Capital Market Commission has listed cases in which Latvia’s finance market participants will be allowed to service Aivars Lembergs, who is subjected to US OFAC sanctions and accused of serious crimes, and three organizations associated with him – Ventspils Development Agency, Business Development Association and Latvian Transit Business Association.

Appropriate jobs promised for laid-off LDz workers

Latvian State Employment Agency promises to find appropriate jobs for laid-off Latvian Railway workers. If need be, those people will be provided the opportunity for re-qualification, raise their qualification or train for a new profession, as confirmed by the agency’s representative Signe Bierande.

Bordāns selects potential candidates to lead the Supreme Court and Prosecutor General’s office

I can see people who could take the reins over the Office of the Prosecutor General and the Supreme Court and change their work standards, Latvian Justice Minister Jānis Bordāns told TV3 programme 900 seconds when asked about any potential candidates to lead those institutions.

Ukrainian Prime Minister ready quit after leaked voice recording

Ukrainian head of government Oleksiy Honcharuk has offered to resign following the circulation of an audio recording, where criticism of Ukrainian President Volodymyr Zelenskiy and his knowledge in economy is voiced.

Inflation in Latvia reportedly higher than Europe’s and Eurozone’s in December

In December 2019 inflation in Latvia was higher than the average in the European Union and Eurozone, according to information published by Eurostat on Friday, 17 January.

Estonian population growth continues in 2019 due to immigration

Estonia has registered in 2019 population growth for the fifth consecutive year and it can be explained with immigration not with natural growth, according to preliminary data released by Statistics Estonia.

BNN investigation | Raunas street property: quiet assistant with a «secret wallet» for Lembergs

There are suspicions that Aivars Lembergs, subjected to international sanctions, has sold real estate located on Raunas Street 27 in Riga to his sister «on paper only». This may have been done to avoid confiscation of properties in the event of a guilty verdict or a possible arrest over the real estate property. However, it is possible Lembergs maintains full control over this real estate property and, most likely, the property is used to fatten his wallet on a regular basis.

Audit: majority of Latvian housing stock has degraded to a state of a slum

Since the denationalization effective access to housing security in Latvia does not exist and most of the housing stock has degraded up to a state of a slum, as concluded by the Latvian State Audit.

Prime minister affirms possibility of carrying oil supplies for Belarus through Latvia

During his meeting with Belarusian President Aleksandr Lukashenko on Thursday, 16 January, Latvian Prime Minister Krišjānis Kariņš affirmed that oil supplies for Belarus may be possible using Latvia’s ports.


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