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
On 24 September in New York, Lithuania convened the first informal meeting of foreign ministers since the beginning of its Presidency of the Community of Democracies.
more »
September 22-24, Lithuanian and Estonian participants will gather in the training for steering groups of the Baltic Battalion's subdivisions to be held in the Lithuanian Grand Duke Algirdas Infantry Battalion in Rukla.
more »
On September 23-25, the First Sea Lord and Chief of the UK Naval Staff Admiral Sir Mark Stanhope will pay a formal visit in Lithuania.
more »
On 17 September in Kabul, six Italian soldiers were killed and four more were wounded...
more »
President of the Republic of Lithuania Dalia Grybauskaitė sent congratulations to Mr. José Manuel Barroso on his approval by the European Parliament as President of the European Commission.
more »
President of the Republic of Lithuania Dalia Grybauskaitė met with Belarusian President Alexander Lukashenko and the accompanying delegation visiting Lithuania.
more »
Chief of Defence of Lithuania Maj. Gen. Arvydas Pocius will take part in the meeting of NATO Defence Committee held in Lisbon, Portugal, September 18-21.
more »
During a meeting of the European Union’s General Affairs and External Relations Council on 14-15 September in Brussels, Lithuania’s Minister of Foreign Affairs Vygaudas Ušackas and his counterparts discussed the preparation for the European Council on 29-30 October and etc.
more »
On September 12 charitable table soccer tournament will be held in Alytus to raise funds for table soccer equipment to be sent to Afghanistan, for schoolchildren in Ghowr.
more »
September 8, Minister of National Defence Rasa Juknevičienė will attend celebrities of sanctification of a monument put up in Gruzdiškės Hill (Raseinių Township) for victims of resistance fights.
more »