Posts tagged as Finance Minister Jānis Reirs

State budget 6% less than planned

Wednesday, June 10, 2020

In the first five months of 2020, the State budget has been 6% less than expected, State Revenue Service (VID) told Saeima Budget and Finance Committee on June 10. According to VID operational data, EUR 3.9 billion has been collected in the general government budget over the first five months of 2020. The budget revenue plan has been fulfilled by 94%. Finance Minister Jānis Reirs (New Unity) pointed out that…

EUR 1 billion could be available to Latvia

Wednesday, May 20, 2020

Of an intended EUR 500 billion of funds raised by Germany and France, 1 billion could be made available to Latvia over the next 20 years, said Finance Minister Jānis Reirs in a press conference on May 19. He said that the proposal by Germany and France to set up a EUR 500 billion fund to finance the restructuring of the European Union (EU) economy, which has been severely damaged…