Budget, Financial Services, Latvia, Transport

International Internet Magazine. Baltic States news & analytics Thursday, 28.03.2024, 20:28

City Council to allot additional EUR 10 mln to Rigas satiksme

BC, Riga, 24.10.2014.Print version
The Riga City Council will allot additional EUR 10.2 million to Rigas satiksme in order to provide public transport services, the Riga City Council Budget Commission decided yesterday, informs LETA.

Nonetheless, Rigas satiksme representatives requested EUR 17.8 million.

 

Rigas satiksme will receive subsidies in the amount of EUR 10.2 million in order to provide public transport services for all passengers under single tariff, as well as to cover the costs caused by the municipality's imposed discounts. Calculations were based on real income data of the first three quarters.

 

The Riga City Council also plans to allot funding to kindergartens, schools, as well as increase salaries of social workers by 15%.

 

The council also plans to allot additional funding to various events dedicated to the independence of Latvia, Christmas concerts, and other annual events.






Search site