Riga temporary administration adopts city's 2020 budget, earmarks EUR 13.87 million for dealing with Covid-19 crisis

  • 2020-04-09
  • LETA/TBT Staff
RIGA - The Riga city temporary administration adopted the city' 2020 budget and increased the reserve fund to EUR 13.87 million, LETA learned. The budget revenue is projected at EUR 935.26 million, while expenditure - at EUR 1.040 billion. Most of the funds have been earmarked for the education sector. Compared to the budget drafted by politicians earlier, expenditure has been cut by EUR 22.78 million, and revenue by EUR 5 million. The administration has increased the reserve fund by EUR 8.8 million to EUR 13.87 million. The local...
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