Latvian Parliament passes 1999 budget

Mar 04, 1999

RIGA (BNS) - Parliament adopted a 1.41 billion lat ($2.43 billion) 1999 budget Feb. 25 by a vote of 60 to 40. All 46 coalition deputies were joined by the 14 Social Democrats in support of the budget. The People's Party and For Human Rights in a United Latvia voted against it.The budget was worked out without a financial deficit, but the fiscal deficit of the aggregate budget is planned to be larger than it was in 1998.A fiscal deficit means that special budgets will borrow funds from the basic ...

forgot password?