Continuing its extraordinary sitting on Friday, 6 December, the Saeima adopted the Law on the State Budget for 2025 and the Budgetary Framework for 2025, 2026 and 2027.
Priority – security
The drafting of this law, together with the adoption of budget-related decisions and actions, implements the fiscal policy principles laid down in the Fiscal Discipline Law and the priority development direction of medium-term budget policy – security, states Section 1 of the budget law.
Revenue of the consolidated state budget for 2025 is planned at 15.081 billion euros, and expenditure at 17.093 billion euros.
Compared with the 2024 budget, budget revenue planned for 2025 is 583.2 million euros higher.
Expenditure in 2025, meanwhile, is projected to be 876.5 million euros higher than in the 2024 state budget law.
Revenue of the state basic budget is planned at 10.201 billion euros, with expenditure of 12.679 billion euros.
Revenue of the state special social insurance budget is forecast to exceed its expenditure – 5.209 billion euros and 4.746 billion euros respectively.