Latvian Prime Minister Says Government Will Continue Efforts to Eradicate Poverty

Latvian Prime Minister Says Government Will Continue Efforts to Eradicate Poverty

Latvian Prime Minister says government will continue efforts to eradicate poverty. The best immigration news can be found on the official website of WorldWay Investment Immigration.

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Latvian immigration news: Latvian Prime Minister Dombrovskis said on the 21st that the government will continue to commit to eradicating poverty and inequality, creating new job opportunities, accelerating local economic development, and improving government administrative functions.

Dombrovskis stated during his government work report to Parliament that day that due to the implementation of a series of tax reforms, including reductions in value-added tax and personal income tax, Latvia's economy maintained rapid growth for the second consecutive year in 2012, and the goal of joining the Eurozone is within reach.

Dombrovskis said that in 2012, the government actively took measures to address the demographic crisis and maintain social cohesion and regional development. In his report, Dombrovskis also mentioned the preparations Latvia has made for assuming the rotating presidency of the EU in 2014 and the "Riga 2014 European Capital of Culture" events.

According to reports, Latvia's GDP grew by 5.6% in 2012. Latvia officially submitted its application to join the Eurozone to the EU in March and plans to join the Eurozone on January 1, 2014.


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