Traffic safety directorate to spend €1.3m on speed cameras

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The Latvian government on Tuesday allowed the Latvian Road Traffic Safety Directorate (CSDD) to spend most €1.327m, or most of its 2015 profit, on speed cameras.

A report prepared by Interinstitutional Coordination Center said that the directorate would have to pay €1,362m in dividends into the Treasury. 

The CSDD was greenlighted to allocate €1.327m for speed cameras and pay the remainder into the Treasury.

While the air traffic controller Latvijas Gaisa Satiksme has been allowed to forgo dividends worth €4,423,789 and spend the money on the started investment projects and boosting the security and quality of its services.

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