Saeima supports solution for temporary budget

The Latvian parliament has, in the first reading, supported and fast-tracked amendments to the Budget law, which stipulate that, in a year in which the budget has not been adopted, government spending for each month will be regulated by the Finance Ministry.

Fast-tracking means that the amendments can be adopted in two instead of the usual three readings in the Latvian Saeima, and the final reading is slated for December 6.

The amendments were adopted with the support of 93 MPs in the 100-seat chamber. 

The budget for next year has not been adopted due to ongoing talks for forming the new ruling coalition. Under regular procedure, government spending in this case would amount to 1/12th of the last year's budget.

Under the new amendments, however, rising benefits and wages in line with the current plants would become possible. 

An additional €10.36 million is to be spent on increasing pensions and benefits next year. Meanwhile raising teachers' salaries will require €17.58 million; an additional €8.87 million is needed to increase judges and prosecutors' salaries; and €16.09 million to ensure overtime pay for healthcare workers.

After the New Conservative Party failed to form a coalition after its leader Jānis Bordāns was nominated for PM, KPV LV's Aldis Gobzems has emerged as the new nominee for becoming prime minister. He has until December 10 to form a government. 

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