On November 15, Latvia’s parliament commenced the viewing of the 2022 state budget package. In ten hours MPs reviewed one-third of all submitted legislative drafts. So far the parliament has tackled five out of 14 legislative drafts and 46 out of 567 proposals. Most proposals were received specifically for the legislative draft On the Medium-Term…
In October, the port of Riga handled almost 2 million tons of cargo, down by 1.4% MoM. In ten months, the Port of Riga handled 17.26 million tons of cargo, almost a third part of the volume was various forestry cargo shipped from Riga to 22 countries around the world, most often to Great Britain,…
In January-October, the Freeport of Riga handled 17.26 million tons of cargo, down by 13.3% YoY. According to the port’s statistics, handing of grain increased by 0.8%, to 2,150,500 tons, ore – by 13.6%, to 576,600 tons, wood pellets – by 3%, to 1,797,900 tons, sawn timber – by 84%, to 500,900 tons, and timber…
In September, the foreign trade turnover of Latvia amounted to EUR 3.42 billion, up by 24.3% YoY, of which the exports value of goods was 24.1% higher and imports value of goods – 24.4% higher. Latvia exported goods in the amount of EUR 1.61 billion, but imported – in the amount of EUR 1.8 billion.…
In January-October, the port of Ventspils handled 9 million tons of cargo, down by 15.7% YoY, the Port Authority statistics said. According to the statement, the port handled 5.15 million tons of liquid bulk cargo, 1.67 million tons of dry bulk cargo and 2.22 million tons of general cargo. In the reporting period, the port…
Compared to October 2020, the average level of consumer prices increased by 6%. The greatest pressure on the average price level changes in October 2021 compared to October 2020 was put by the rise in prices of goods and services related to transport, goods and services related to housing, prices of food and non-alcoholic beverages,…
Due to the ongoing pandemic the supply of Black Hawk helicopters to Latvian national armed forces will be delayed, as reported to Saeima’s Defense, Internal Affairs and Corruption Prevention Committee by the commander of Latvia’s army Leonids Kalnins on November 3. It is planned the first Black Hawk will be delivered to Latvia at the…