On Friday, President Egils Levits promulgated the Law “On the State Budget for 2021”, the Law “On the Medium-Term Budget Framework for 2021, 2022 and 2023” and the laws related to the 2021 budget, but has issued a detailed assessment in a separate statement. both on the content of the state budget and the course of adoption of the said laws.
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As the Saeima had recognized all the laws of the budget package as urgent, in accordance with the Satversme, the President of the State did not have the right to request a re-examination of the adopted laws and the adopted laws had to be promulgated.
In total, 30 laws and a statement of the President on the state budget law package for 2021 have been announced in an additional issue of the Latvian Gazette.
“The state budget for 2021 is the largest in Latvia’s history, and I am pleased that its share of expenditure has increased. However, the Covid-19 pandemic and uncertainty about the depth and duration of its impact will have an impact on the next financial year,” it said in a statement. Levits expresses the state budget for 2021 as a basis for further development of the state.
The law promulgated today approved the state budget for 2021. Next year’s budget revenue is planned at 9.585 billion euros and expenditure at 10.764 billion euros. The amount of targeted grants to local governments – 405,086,146 euros.
In his assessment of the budget adoption process, Levits points out that by closely following the budget discussion in the Saeima, as well as by coming up with proposals to the government and discussing with the social partners, the President draws attention to several important issues that could be improved in the national legal system.
“There was no objective basis for determining urgency and mechanical exclusion of the President from the budget adoption process in this case. The budget package cannot serve as a kind of postmodern Article 81 of the Satversme, which allows executive agencies to “In the case of reforms, it is important to provide for a sufficiently long interval between the promulgation of the law and its entry into force, so that the public has the opportunity to get acquainted with the content of the new law and plan its actions accordingly,” says Levits.
Thinking about Latvia as a modern and sustainable country, the President calls for further evaluation of the planned reform management process in order to make it more open and improve dialogue with the public.
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