Ten parties apply for financing from national budget

The ten parties which have won more than 2% of votes in the recent 13th Saeima elections have applied with the Corruption Prevention and Combating Bureau for financing from the national budget, said the bureau's representative Inta Nolle.

Under the effective Latvian law, the parties, which have won more than 2% of votes in the last general elections will receive financing from the national budget – €0.71 per vote, to be paid on a quarterly basis until the next general elections.

Ten parties are entitled to this financing after the last general elections.

According to the Central Election Commission’s data, Harmony in four years will receive €474,612, KPV LV – €341,548, the New Conservative Party – €325,728, For Development/For – €288,784, the National Alliance – €264,012, the Union of Greens and Farmers – €237,636, New Unity – €160,576, the Latvian Alliance of Regions – €99,448, the Latvia’s Russian Union – €76,716, the Progressives – €62,700.

In total, €2,331,760 will be paid from the state budget to political parties.

Party financing is something of a hot potato in Latvia, with talk about the need to drastically increase party funding and decrease reliance on donors being ongoing for years, but the matter has nevertheless not been tackled thus far. 

    0 comments
    Comment
    Comment using your social media profile
    Politics
    Politics