Trump has promised that in the case of a Republican victory in the midterm elections, every US citizen will receive 5 thousand dollars. #ASV #budžets #deficīts (translated)
Trump has promised that in the case of a Republican victory in the midterm elections, every US citizen will receive 5 thousand dollars. #ASV #budžets #deficīts (translated)
The budget deficit of the United States has increased to 2 trillion dollars over the year, reaching the highest level since 2021, which could impact the upcoming midterm elections in Congress. #ASV #budžets #deficīts (translated)

Andris Kulbergs (AS) stated that at the European Council in Brussels, Latvia's main priority was to achieve a larger budget for the country. He called for an additional €7 billion to be allocated for the security of the eastern border, to ensure fair direct payments for Latvian farmers, and to prevent the financing of Russia's war economy through the transit of Russian grain. Kulbergs also emphasized support for Ukraine and said that this winter would be crucial. #Latvija #EiropasSavienība #Budžets (translated)
Andris K. Berzins criticized the plan to promote new football stadiums while there is talk of dramatic budget cuts for the state. He claimed that football cannot even fill small stadiums for the most important games and that Latvia's results on the world stage are very weak. #budžets #sports #futbols (translated)
Andris Kulbergs (AS) indicated that he defended Latvia's interests in Brussels during negotiations for the next EU budget for 2027–2034. He stated that the negotiations are complex because the European economy is stagnating, yet funds must be found for both security and growth. As one of the main issues, Kulbergs mentioned European competitiveness and energy prices. He emphasized that without a competitive economy, Europe cannot be strong in the long term. Kulbergs pointed out that, in his opinion, the economic consequences of the Russian war and geopolitical situation have particularly affected Latvia. He also highlighted Latvia's role as an Eastern flank country of the EU in protecting external borders and contributing to defense and security. Therefore, Latvia needs appropriate support in the next EU multiannual budget, Kulbergs said. #Latvija #ES #budžets (translated)
We recommend that the Council stop publicly stating that the EU budget is increasing unreasonably – while at the national level governments are forced to cut budgets," said MEP, rapporteur on the multiannual budget Zigfrīds Murešans. #ESbudžets #Kohēzija #Vācija (translated)
Yandex's revenues are almost as large as the Latvian state budget, and the significance of this company in the Russian economy is immense, especially after Ukraine attacked its data centers. #Яндекс #ВойнавУкраине #ЭкономикаРоссии (translated)

Kaspars Gorkss wrote that he would be going to the New Unity and LPV factions to present his vision for ensuring and developing the operations of the State Chancellery. He named three key pillars: support for MPs in making quality decisions and controlling their implementation, reducing budget expenditures both in the short term and structurally, as well as changing the work culture from process to results. Gorkss wished himself good luck and expressed hope to find receptive ears. #ValstsKanceleja #LēmumuPieņemšana #Budžets (translated)
The budget of the Russian Federation for 2027 plans to increase military spending; however, in reality, it will remain at this year's level while significantly reducing social spending. #Россия #война #бюджет (translated)

We need to review both the existing relief measures and program for many institutions whose functions overlap to be considered and merged in the next year. As explained by Finance Minister Māris Kučinskis ("United List") this morning in the program "Good Morning," the reform plan that the government should implement next year should also be included in the state budget for the next year. #budžets #ekonomika #reformas (translated)
Next year, expenses in the Latvian state budget will need to be reduced by several hundred million euros to cover previously made decisions and needs related to defense, education, and health. #budžets #ekonomika #reformas (translated)

"It will definitely be necessary to evaluate the implementation schedules, which, not so much in the first year, but afterwards leave an ever-increasing impact. (..) It is likely that this can be covered, but it immediately closes those opportunities for coming to the budget and voting for the millions that are currently being requested in demands from all sectors additionally." The current Minister of Finance, Māris Kučinskis (AS), pointed out: "It will definitely be necessary to evaluate the implementation schedules, which, not so much in the first year, but afterwards leave an ever-increasing impact. (..) It is likely that this can be covered, but it immediately closes those opportunities for coming to the budget and voting for the millions that are currently being requested in demands from all sectors additionally." #Budžets2027 #Ekonomika #Valdība (translated)
The year 2027 is essentially such that, as we have prepared the land, sown the seed, and then it grows. In this case - in 2027, we essentially need to do everything to prepare this soil, to sow the seed. And then there will be 2029, 2030, when we might feel [the result]. This is very important because the biggest problems for balancing the budget will be in 2029, 2030," confirmed the chairwoman of the Saeima's Budget and Taxation Committee, Aiva Vīksna (AS). #Budžets2027 #Ekonomika #Valdība (translated)
The state budget for 2027 is facing serious financial difficulties, as an additional 469 million euros need to be secured to meet already accepted obligations, while borrowing is becoming more expensive and budget deficit limits will soon expire. #Budžets2027 #Ekonomika #Valdība (translated)

I acknowledge the need for a tax increase next year. If reforms are not implemented next year and all currently considered cuts necessary to eliminate the large deficit are not achieved, then the question will certainly be raised again. #Budžets #Atvieglojumi #Ģimenes (translated)
I don't know how ready society is to give up the benefits for children, for dependents. These are definitely the questions they will raise. As well as support for "Latvenergo". I'm not saying that they are planning to take that away right now, but those are the benefits we have - for large families, for people with disabilities. These will be very tough discussions. #Budžets #Atvieglojumi #Ģimenes (translated)
Evika Siliņa warns that upcoming budget talks will discuss relief for children and families who, despite the maintenance of pensions and benefits, may face the need to reduce expenses. #Budžets #Atvieglojumi #Ģimenes (translated)

Currently, Finance Minister Māris Kučinskis ("United List") proposes to develop the main outlines of the new state budget and reform proposals with specific calculations before the new government is approved. #budžets #ekonomika #finanšu_stabilitāte (translated)
A sustainable budget is the state's ability to finance its commitments in the long term while maintaining financial stability, explained the Speaker of the Saeima, Daiga Mieriņa (Union of Greens and Farmers), at the opening of the conference. #budžets #ekonomika #finanšu_stabilitāte (translated)
Prime Minister Andris Kulbergs emphasized that the Latvian government must prevent the rise in expenditures from outpacing revenues and seek sustainable budget solution strategies. #budžets #ekonomika #finanšu_stabilitāte (translated)
