Latvia’s Transport Ministry’s priorities within the 2020 budget can be, like in preceding years, public transport offerings and road maintenance says Transport Minister Tālis Linkaits. When requested if there are plans for any new tasks, the minister said no such plans are in consideration in the intervening time. Traditionally, but we’re handling the deficit,» stated Linkaits, adding that the deficit in public delivery services is EUR 15 million. The national budget will not cover this money. The uncovered debt for railway transports is EUR 14 million
As it is acknowledged, on Tuesday, 23 April, the Cabinet of Ministers supported the government motion plan that info paintings for the subsequent several years. According to today’s estimates, this work will cost the nation budget around EUR 1 billion. On Thursday, ministers will meet to speak about the 2020 and medium-time period budget, as well as government priorities. Prime Minister Krišjānis Kariņš had formerly stated that the government movement plan’s protected objectives would be implemented before the subsequent Saeima elections and according to with capabilities of the state price range. «We will gather this Thursday to speak about the price range, priorities, and their implementation. I would like for ministers to speak about what the government may be doing inside the subsequent three years,» said the top minister.
According to Kariņš, firstly, it is necessary to make sure a settlement on financially sound authorities movement plan. «Judging by using digits, we will look at sensible programs and the velocity of their implementation,» brought the top minister. According to estimates from the Finance Ministry, the 2020 state finances’ financial area can be terrible at EUR eleven million. The economic space in step with Fiscal Discipline Council is far worse – wrong EUR 112 million. The variations between the two institutions’ views on economic areas, Kariņš said estimates generally differ. Nevertheless, he will use the Finance Ministry’s estimates because other Eurozone member states utilize a similar calculation approach.