Science should be priority in next year's budget, says Finance Minister

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Latvia should invest more in science, and science investment should be one of next year's budget priorities, says Finance Minister Dana Reizniece-Ozola.

While the "fire has been put out" in other sectors that grievously lacked funding, next year is high time to increase investments in development and science, in order to create technologies with greater added value, said Reizniece-Ozola.

She said EU funds should be attracted to research and development, and Latvia should fight about having access to the funds in the future.

2018's budget priorities are defense and health. An extra €235m has been allocated to healthcare this year, with the total state funding for healthcare breaking the €1b mark. 

Meanwhile an extra €126.8m was granted to defense, helping the country reach 2% of GDP as per NATO recommendations. 

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