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Sunday, 14.02.2016, 18:56
In 2015, tax revenues to the general government consolidated budget were EUR 7 billion, growing by 4.9% from EUR 6.67 billion collected in 2014 in Latvia, the information published by the Finance Ministry suggests, cites LETA.
Keyword tags: Budget, Financial Services, Latvia, Taxation
In 201, Latvia's local government consolidated budget showed a deficit of EUR 25.5 million, informs LETA, according to the Finance Ministry's data.
A total of 7.98 billion euros of revenue was paid into the Estonian state budget during 2015, 171.3 million euros more than the year before, and tax revenue was bigger by 483.1 million euros or 7.3%, the Finance Ministry said on February 3rd, informs LETA/BNS.
The Lithuanian central government sector's debt amounted to 15.81 billion euros at the end of December 2015, accounting for 42.5% of last year’s gross domestic product (GDP), data from the Finance Ministry showed on January 29th, cites LETA/BNS.
It is planned that revenue to the Latvian central government consolidated budget administrated by the State Revenue Service will reach EUR 7.926 billion in 2016, which would be a 6.1% growth from 2015, the tax authority said at a news conference on Wednesday, reports LETA.
The Estonian volunteer corps Kaitseliit (Defense League) has a budget of 58 million euros this year, 34 million of which come from the state budget and for 15 million euros the organization will buy special equipment, reports LETA.
The director of Lithuania's State Social Insurance Fund, or Sodra, says that the fund's deficit has been shrinking and if macroeconomic forecasts prove correct, the budget may return to positive territory in 2017 after running in the red for a decade, reports LETA/BNS.