Latvia's budget for 2021 partly earmarked: teacher and medic pay on top

Although negotiations are ongoing on the budget for 2021, EUR 338.6 million has already been earmarked in the process of drafting it, according to September 9 information from the Ministry of Finance.

According to information provided by the FM, the targets to be achieved in the 2021 budget are currently highlighted, including raising medic and teacher pay. The Cabinet will take the final decision regarding the channeling of funding for these purposes.

Information collected by the FM shows that a 20% increase in medic wages is set to reach EUR 183 million in the budget for the following year. So much funding is also expected in the coming years.

The 2021 budget already provides EUR 33.3 million for teacher pay increase in pre-primary education, general education, vocational training, vocational orientation and interest education.

An increase in the minimum rates of remuneration for academic staff is scheduled to be EUR 7.2 million in the budget for the following year, in line with the schedule for raising teacher pay.

Similarly, the budget for 2021 already provides for financing for the enforcement of Constitutional Court judgments in the field of welfare for a total of EUR 95.7 million. EUR 70.7 million from the general government budget is intended for raising minimum pensions and state social security benefits, EUR 23.8 million is intended to finance the guaranteed minimum income and housing benefits, while EUR 1.3 million -  to increase social guarantees for orphans and children without parental care.

The 2021 budget also earmarks EUR 19.4 million for the priority actions of independent institutions, half of which - EUR 8.91 million - will be directed to public media exiting the advertising market and public orders in electronic media.

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