Economics
In August revenue plan fulfilled in amount of 99 %
By admin at 7 September, 2010, 1:10 pm
According to the information collected by the State Revenue Service (SRS) about the collected revenue administered by the SRS in August it was concluded that the tax revenue plan is almost fulfilled. In total, in previous month the tax revenue received in the state budget administered by the SRS amounted to 297.2 million lats or [...]
Read More >>The amount of budget consolidation will depend on economic development trends
By admin at 24 August, 2010, 4:44 pm
Preparation of draft state budget for 2011 is going on according to the schedule approved by the Cabinet of Ministers – base expenditure forecasts, macroeconomic development forecasts, draft tax policy guidelines, shadow economy combating plan are prepared, function evaluation is going on in cooperation with the State Chancellery and non-governmental partners. Only the deadline for [...]
Read More >>Repše: tax revenue is collected according to the plan
By admin at 30 June, 2010, 1:59 pm
According to operative data of the Treasury on the state budget execution in May the state basic budget revenue was 222 million lats, but expenditure reached 199.7 million lats making financial deficit – 22.3 million lats. In May, state special budget revenue reached 91.9 million lats, expenditure – 94 million lats making financial deficit in [...]
Read More >>The shadow economy reduction plan offers to facilitate formal economy and burden informal economy
By admin at 30 June, 2010, 1:58 pm
Promotion of legal business, support of entrepreneurs facing difficulties due to the crisis, a unique opportunity to legalise unreported income, strengthening analytical capacity of controlling authorities, more effective sanctions, fairer tax policy, wholesome communication and greater transparency – these are groups of key measures which are included in the plan for the reduction of shadow [...]
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