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Saturday, 21.01.2017, 02:11
The 2018 state budget will have to mend a EUR 50 million hole in the social budget, Welfare Minister Janis Reirs (Unity) said in an interview with Latvian Television, reports LETA.
Keyword tags: Budget, Financial Services, Latvia, Pensioners
- Lithuania's central government and local authorities last year collected a total of 7.572 bln euros in budget revenue, exceeding the annual revenue target by almost 237 mln euros, or 3.2%, the Finance Ministry said LETA/BNS on Friday.
Estonia ran a current account surplus of 76 mln euros in November 2016, a flash estimate published by the Bank of Estonia on Friday indicates.
The Finance Ministry is ready to move towards a greater progressivity of the tax system, the ministry’s parliamentary secretary Edgars Putra told members of the Saeima Mandates, Ethnics and Submissions Committee today, writes LETA.
The amounts of cash bonuses paid to the public administration employees in Latvia have been growing in recent years, the State Audit Office said LETA, calling for a meaningful appraisal system to determine the employees' eligibility to bonuses.
From the start of 2017 the effective maximum size of the unemployment insurance benefit in Estonia is 1,347 euros and 57 cents a month, up from 1,303 euros and 86 cents last year, the Unemployment Insurance Fund said LETA/BNS.
Some 593,000 old-age pensioners and 202,000 disability pensioners in Lithuania will receive higher pensions starting January after the government approved on Wednesday an average increase of 20 euros in pension payments, reports LETA/BNS.