Outgoing Latvian Deputies Boost 2002 Expenditures
Published:
3 November 2002 y., Sunday
In its final session on 31 October, the 1998-2002 parliament passed 40 bills, including amendments to the 2002 budget act. The budget amendments - approved by a vote of 74 to zero, with eight abstentions - provide an additional 19.7 million lats ($32 million) in spending -- including state guarantees to drug makers Olainfarm (6.8 million lats) and Silvanols (350,000 lats), compensation to cattle breeders for drought damage (5.92 million lats), wage hikes in the medical sector (1.7 million lats), and the implementation of a Welfare Ministry-backed law on transition conditions for social assistance (1.3 million lats).
Outgoing Finance Minister Gunars Berzins said that, even with the additional expenditures, the fiscal deficit for 2002 will not exceed 1.8 percent of GDP due to improved tax collection. But Valdis Dombrovskis, the likely nominee for finance minister in the new cabinet, foresees a deficit of 2.87 percent of GDP.
Šaltinis:
LETA
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
BMW recently highlighted an electric scooter, currently still in the concept phase, targeted at green-leaning commuters.
more »
"I'm excited about where these findings could take us in terms of eventually developing a new type of analgesic for people who suffer from chronic pain."
more »
The Anonymous hackers now have names, at least in Italy. A series of dawn searches this morning concluded investigations by IT police, led by Antonio Abruzzese, into coordinated computer attacks by the group over the past few months.
more »
He world's first flying car has been authorized to use roads while flying in the air.
more »
This is the adjustable-height desk that pairs with a semi-recumbent elliptical trainer to let users exercise while on the job.
more »
Scientists at the Chinese University of Hong Kong have developed an autonomous, caterpillar-inspired robot, designed to climb trees and spot danger to forests via a built-in camera.
more »
Nuclear officials confident over safety levels of flooded nuclear power plant.
more »
A 19 year old computer hacker in London has been released on bail after being charged with attacking government websites.
more »
Greek Communists rally at historical monument in Athens to protest new round of austerity measures
more »
Imagine flying from Tokyo to Paris in less than two and a half hours, without having to burn tons of fossil fuel. One day it might be possible. The concept of zero-emissions, supersonic flight is being explored by European aircraft maker, EADS.
more »