Specific measures to support businesses in difficulty due to coronavirus to be discussed next week

  • 2020-03-15
  • LETA/TBT Staff

RIGA - Specific decisions to support businesses in difficulty due to the spread of the Covid-19 virus will be discussed this upcoming work week.

Prime Minister Krisjanis Karins (New Unity) told member of the press that specific decisions will be made this week, reminding that the State Treasury has a billion euros available, although it is borrowed money, ie part of the government debt, but that funds are available.

"We will use these funds to provide guarantees to businesses and to give them the ability to defer their tax payments in specific cases and categories. These are expected to be short-term measure so that we could endure this difficult period. But these decision will be made next week,'' Karins said.