Ministers' financial affairs, part two

Take note – story published 6 years and 7 months ago

They may have control of the reins of power, but most of Latvia's leading politicians generally have fairly humble lives, at least as far as their earnings are concerned, according to official tax declarations for the year 2017.

Interior Minister Rihards Kozlovskis (Unity) saw his pay grow 3.1% and debts shrink by 4% on year. His loan portfolio stands at €40,000. He also owns a Hyundai I30 car and owns shares at the BBF Consulting company--but did not have any business income last year.

Meanwhile Education Minister Kārlis Šadurskis (Unity) made 19% more in 2017 than in 2016. He's also a professor at the Riga Technical University, where he made €7,800 or 10.7% more than in 2016. Šadurskis has no savings to speak of, but has debt obligations of more than €18,000 for adding a Honda Civic to his fleet. He also owns land and houses in Rīga, Jūrmala, the Pārgauja Municipality, as well as the Krāslava, Ūdrīši un Ilzeskalns parishes.

 

Culture Minister Dace Melbārde (National Alliance) made 6.5% more than in 2016 last year. She also sits on the council of the State Cultural Capital Foundation, where she made €2,400 or twice as much as in 2016. Her bank savings grew 42%, and she has also saved up €2,500 in cash. Melbārde also owns an appartment in Rīga.  


 

Official work was considerably more lucrative to Transport Minister Uldis Augulis (Greens and Farmers Union). His pay grew 4.5% over 2016 last year, while his business income decreased by 25%, to €2,500. 

His bank savings shrank in 2017, but so did his debts (by 21%). He owns shares at Rīgas dzirnavnieks worth €4,457, as well as a Mitsubishi Outlander, some land and buildings at the Bērze Municipality, and also has the rights to use land in Baloži.

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