Government approves updated schedule for preparation of Budget, 2023

LATVIA – BUDGET

At a Cabinet of Ministers (MC) meeting on Tuesday, 20 December, the government approved an updated draft order of the Finance Ministry on the timetable for the preparation of the state budget bill for 2023 and the budget basis for 2023, 2024 and 2025. The draft defines the deadline for the preparation of the State Budget Bill.

Government approves updated schedule for preparation of Budget, 2023

In an election year, the draft State Budget may be presented to the Sejm no later than four months after the newly elected Sejm expressed the confidence of an MP. The work on the preparation of the draft State Budget for 2023 and the budget framework for 2023, 2024 and 2025 started on time, but the new government will decide on the priorities of the sectors.

Timetable for the preparation of the draft Law on the State Budget for 2023 and the Budgetary Framework for 2023, 2024 and 2025.

Data source: fm.dov.lv

Government approves updated schedule for preparation of Budget, 2023
Picture by fm.gov.lv

Related posts

The Netherlands has approved euthanasia for children under 12
EuropeWorld
The Netherlands has approved euthanasia for children under 12

NETHERLANDS – LEGISLATION The Dutch government has announced an extension of existing euthanasia laws for terminally ill children aged one …

Latvia reintroduces compulsory military conscription
Latvia
Latvia reintroduces compulsory military conscription

LATVIA – LEGISLATION On Wednesday, April 5, the Latvian Saeima adopted the law on compulsory military service in its third …

Latvia plans to ban the sale of tobacco products to under 20s
Latvia
Latvia plans to ban the sale of tobacco products to under 20s

LATVIA – LEGISLATION On Thursday, March 23, the Latvian Saeima approved in second reading amendments to the Law on Circulation …

Lithuania has come up with an idea to tax the excess profits of banks and use the money for defence
FinanceLithuania
Lithuania has come up with an idea to tax the excess profits of banks and use the money for defence

LITHUANIA – LEGISLATION¬† Lithuania’s Finance Ministry on Thursday proposed a temporary tax on bank profits to raise about 510 million …

Scroll to Top