Thursday, the 17th of November, 2005
State debt constituted LVL 1,311.21 million.
At the end of September the state debt constituted LVL 1,311.21 million. It has decreased by EUR 81.57 million since the beginning of the year. It has decreased by EUR 81.57 million since the beginning of the year. The inner state debt was EUR 568.2 million at the end of September, which is a decrease by EUR 36.04 million since the beginning of 2005. The external debt reached EUR 743.01 million at the end of September, a decrease by EUR 45.52 million since the beginning of the year.
Tuesday, the 15th of November, 2005
Collect by one fourth more
In the first ten months of this year, the State Revenue Service has collected LVL 3.07 billion which is by 25 per cent more than in the respective period of 2004. In these 10 months, EUR 1.57 billion, by 34% more than in 2004, have been brought into the state budget. The state budget revenue plan for the January-October of the current year was amended and increased by 7.5 per cent. The State Revenue Service has exceeded the amended the plan by 2.7 per cent.
Export braces up
In September, the export value has increased by 33.7 per cent and import only by 14.8 per cent in comparison to September 2004. In the first nine months of 2005, the difference between export (increase by 34.4 per cent) and import (increase by 24.4. per cent) was more significant than during the respective period of 2004. In export, timber continues to take the leading position and constitutes 26.1 per cent of all export. Export of mechanisms, mechanical devices and electrical devices has increased most rapidly within the last year. In September, the most increase in export is to the CIS countries, by 51.1 per cent. Export to the EU countries reached EUR 270.5 million during this month, which constitutes 75.4 per cent of all export. Import from countries outside of the CIS and EU has increased most rapidly in September, by 42 per cent.
Monday, the 14th of November, 2005
Foreign investments increase
In the first nine months of 2005 Latvia has received EUR 408.14 million in direct foreign investments. It is by EUR 25.71 million more than during the respective period in 2004. In September direct investments reached EUR 93.85 million which is in 2.5 times more than in the same month of 2004. This is the record amount of direct foreign investment lately. According to the Bank of Latvia, the profit of direct investments in the first nine months of 2005 reached EUR 140.85 million which is by 11.2 per cent less than in the respective period of 2004.
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