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Friday, 09.12.2016, 05:50
During the first 11 months of this year, motorists paid EUR 2,880,949 in fines for violations recorded by speed cameras on Latvia's motor roads, Normunds Krapsis, a representative of the public order department of the State Police, told the Road Traffic Safety Council today.
Keyword tags: Budget, Financial Services, Latvia, Passenger cars, Statistics, Transport
Tax revenues to the Latvian general government consolidated budget in the first ten months of 2016 meet the target by 100.4 %, exceeding the planned revenues by EUR 26.2 mln, the Finance Ministry said.
The Latvian government at a meeting behind closed doors on Tuesday approved the plan for development of the National Armed Forces in 2016-2028 under which about 20% of the defense budget will be spent on purchasing military equipment, the Latvian Defense Ministry said LETA.
The loss of the Estonian Health Insurance Fund in the first nine months of the year totaled 31.8 mln euros, while the budgeted loss for the period was 11 mln euros, reports LETA/BNS.
Saeima today passed Latvia's 2017 budget in the final reading, projecting budget revenues at more than EUR 8 bln and expenditures at EUR 8.4 bln next year, reports LETA.
As many as 43 percent of people in Latvia believe that budget revenue could be increased by cutting taxes, the latest Baltic International Bank’s Latvian Barometer survey shows.
Asked about the size of the costs that former Estonian President Toomas Hendrik Ilves will be compensated for under a decision made by the government on Thursday, Prime Minister Taavi Roivas said he believes that the amount to be compensated will be in the same range as that of ex-president Arnod Ruutel, or approximately 150,000 euros a year, informs LETA/BNS.