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Latvia to have budget deficit in 2009
RIGA - The Latvian government has announced that it will opt for a 2009 budget deficit of 1.85 percent of GDP, a significant slash from the 1.2 percent budget surplus that had been previously proposed. “The government is united in its decision to go for a 1.85 percent deficit in next year’s budget,” Prime Minister Ivars Godmanis told reporters following a Sept. 4 extraordinary cabinet meeting. The news came ahead of a report from the national statistics agency indicating that year-on-year ...| The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please log on using the form on the top of the page. If you don't have a membership yet - please subscribe. |
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