On Thursday, February 26, the Ministry of Finance (MoF) submitted a draft law on the improvement of the local government finance equalization (LFE) system to the Government for consideration, fulfilling the government’s mandate to prepare relevant amendments to regulatory acts by March 1 of this year. During the drafting process, consultations were held with the Ministry of Smart Administration and Regional Development, the Latvian Association of Local and Regional Governments, the Latvian…
On Thursday, February 26, the Ministry of Finance (MoF) submitted a draft law on the improvement of the local government finance equalization (LFE) system to the Government for consideration, fulfilling the government’s mandate to prepare relevant amendments to regulatory acts by March 1 of this year. During the drafting process, consultations were held with the Ministry of Smart Administration and Regional Development, the Latvian Association of Local and Regional Governments, the Latvian Association of Large Cities, the Association of Regional Development Centres, the Latgale Planning Region, and the "Rīga Metropole" Association of Riga and Pierīga Municipalities, evaluating the proposals provided by local governments and current…
