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
Lithuania‘s Permanent Representative to the Council of Europe Gediminas Šerkšnys presented credentials to Terry Davis, the Secretary General of the Council of Europe which has its seat in Strasbourg.
more »
On October 9-10 Vice Minister of National Defence Antanas Valys will participate in an informal NATO Defence Minsters’ meeting in Budapest held to discuss future plans of the Alliance and assess each Alliance’s operation individually.
more »
Latvian Prime Minister Ivars Godmanis will come to Lithuania on a working visit on Friday, 10 October.
more »
President of the Republic of Lithuania Valdas Adamkus extended condolences to the President of the Kyrgyz Republic Kurmanbek Bakiyev and the Kyrgyz people.
more »
He will meet with the Minister of National Defence of Lithuania Juozas Olekas for discussing current issues of bilateral cooperation, participation of national forces in international operations, and sharing thoughts on the upcoming NATO Defence Ministers’ meeting in Budapest.
more »
President of the Republic of Lithuania Valdas Adamkus accepted letters of credence from the Ambassador of Sweden Ms. Ulrika Cronenberg–Mossberg.
more »
President of the Republic of Lithuania Valdas Adamkus received letters of credence from the Ambassador of the Principality of Andorra Mr. Jaume Gaytan and the Ambassador of the Republic of Angola Mr. Domingos Culolo.
more »
Lithuanian Vice-Minister of Foreign Affairs Jaroslav Neverovič met with Director-General of the Organization for the Prohibition of Chemical Weapons Rogelio Pfirter who is paying a visit in Lithuania.
more »
Inspector General of the Bundeswehr Gen. Wolfgang Schneiderhan arrived to Lithuania on an official two-day visit, October 6.
more »
On 2 October, a Consulate headed by the Lithuanian Honorary Consul opened in Skopje. Businessman Marjan Stojmenov was appointed Lithuanian Honorary Consul in Macedonia.
more »