RIGA - The Krisjanis Karins-led government's performance during its first year in office has been characterized by resoluteness and effectiveness, Janis Endzins, chairman of the Latvian Chamber of Commerce and Industry (LCCI) told LETA.
"I would like to note the qualities characterizing the government's work - resoluteness and effectiveness," said Endzins.
The LCCI chairman said that the coalition partners have continued to work together despite challenges and disagreements, but that a successful completion of its reforms will be a significant indicator of the current government's performance. Endzins added that the government's work so far suggests that the result will be achieved.
Endzins noted that during its first year in office the Cabinet of Ministers resolutely "overhauled" the financial sector and that the first results of this overhaul are already visible in international assessments, which are vital for Latvia's future development and avoiding "gray-listing" by FATF anti-money laundering organization.
Furthermore, the government and Saeima members have been able to keep their promise to not raise taxes in 2019 and 2020, ensuring the stability of the tax system, Endzins said.
The Karins-led government has also launched a number of reforms that had been postponed for far too long, including the administrative-territorial reform, the creation of an economic affairs court and empowering the Competition Council to supervise the state-owned and municipal enterprises.
The government has also increased state secretaries' role in decision making and promoted ministries' cooperation on complex issues. The government has reduced its involvement in tackling purely technical issues, which means it has more time for strategic discussions.
The LCCI chairman said at the same time that there are still issues like labor shortages that should be dealt with faster. Endzins also urged the government to keep working on the National Development Plan, making it more focused, defining its goals and mapping the way to these goals.
The current government has also been able to take unpopular but necessary decisions, which might draw public criticism in the short term but are certain to bring positive results in the future. Endzins mentioned raising public funding to political parties and joining the European Organization for Nuclear Research (CERN) as such not very popular but necessary steps.
As reported, the Karins-led Cabinet marked its first year in office last Thursday, January 23.