On Thursday, 4 December, the Saeima adopted the State budget for 2026 and the budget framework law for the next three years in the final reading. Consolidated State budget revenues are planned at EUR 16.1 billion in 2026, while expenditures will reach EUR 17.9 billion. Planned State revenues for next year are EUR 944.6 million higher than in...

In order to reduce the consumption of products that are harmful to the environment and health, as well as to ensure additional revenue for the State budget, the Saeima on Thursday, 4 December, approved in the final reading amendments to the Law on Excise Duties. The amendments provide for a gradual increase of excise duties beginning in 2026 on...

In order to improve companies’ access to financial resources, reduce financing costs, and balance the tax burden between local and foreign investors—natural persons—while simultaneously increasing municipalities’ interest in attracting investment, the Saeima on Wednesday, 3 December, adopted amendments to the Law on...