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Friday, 27.02.2015, 15:08
In order to increase the defense budget to 2% of gross domestic product (GDP) by 2018, the state will require additional EUR 94 million next year, in 2017 – EUR 112.2 million, in 2018 – EUR 184.4 million, reports LETA, according to the Economy Ministry's calculations.
Keyword tags: Budget, Financial Services, GDP, Latvia, Legislation
The Office of Citizenship and Migration Affairs in Latvia has violated the law by extending temporary residence permits for foreign citizens who received the permits based on their investments in Latvian companies or working on the companies' boards, according to the State Audit Office's findings, reports LETA.
Prime Minister of Lithuania Algirdas Butkevicius has assured that in the nearest future draft laws on tax will not be submitted, reports LETA/ELTA.
State officials agree that the defense budget ought to be increased to 2% of the gross domestic product (GDP) already by 2018, Prime Minister Laimdota Straujuma's (Unity) press secretary Aiva Rozenberga told LETA.
Based on preliminary data of the Ministry of Finance, the state and municipal budgets in January 2015 received by EUR 11.4 million (2%) more revenue than projected and by EUR 12.41 million (2.2%) more than in January 2014, informs LETA/ELTA.
On February 17th, the Riga City Council's Traffic and Transportation Committee approved new tariffs for meter parking in the city from April 1, 2015, reports LETA.
The city of Tallinn budget collected 41.4 mln euros of revenues in January 2015, forming 7.9% of the annual plan, LETA/Public Broadcasting reports.