New government produces EU friendly budget

  • 1999-01-14
  • Daniel Silva
RIGA - After much debate in the Cabinet of Ministers, a proposal to significantly slash funding for the environmental sector, which would seriously hurt Latvia's European Union membership bid, has been dropped at the last minute. Under the new government's first draft budget for 1999, which was put out in early December, the environmental sector was set to receive 43 percent less funding than it did last year.A downturn in the economy, which has caused a drop in state revenues, has forced the government to look for ways to trim the state budget. But as soon as this cut was proposed, the Env...
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 authorize yourself.

In case you don't have a subscription yet - please visit our SUBSCRIPTION section