EUR 80 million to be available for priority measures
Next year EUR 80 million will be available for priority measures of ministries, said Latvian Finance Minister Dana Reizniece-ozola (Greens/farmers) after the extraordinary government meeting on Monday, August 28.
The Cabinet of Ministers tomorrow will discuss demands of ministries that have been estimated at EUR 600 million.
Reizniece-ozoal said that ministries are ready to revise their internal resources. "It is not even about useless spending, but rather about how priorities change – ministries revised financing that has been allocated to several measures two or three years ago. As a result, ministries found EUR 60 million from internal resources," the minister said.
She said that financial resources were also found in other ways, for example, from events that had been organized using lower budgets than planned earlier. Also, some other events ensured larger revenues than planned, for example, money has been saved from service of the government debt, revenue from speeding fines registered with speed cameras was higher.