Feb 17 • 06:30 UTC 🇱🇻 Latvia LSM

Čakša: Since the government's "restart", reducing bureaucracy and developing the economy have not gone as hoped

Latvian politician Čakša expresses concerns that recent government efforts to reduce bureaucracy and foster economic growth have not met expectations.

In her recent statements, Latvian parliament member Čakša has commented on the sluggish progress in the country's economic development since the government's 'restart' initiative aimed at reducing bureaucracy and promoting growth. She acknowledges that in the past six months, there have been signs of development within the economy, yet stresses that the growth remains far from what the government desires. She emphasizes the necessity for economic development to be the top priority, underlining the importance of discussing strategies to increase budget revenue through taxation and other means.

Čakša points out that the upcoming budget for the next year must be planned with a focus on encouraging more money to flow into the national budget. She stresses that revenue does not come without effort and indicates that raising taxes may be a necessary step. Moreover, she hints that there has been insufficient attention on how to effectively facilitate economic progress and secure funds for public expenditure, combining it with the discussions surrounding budgetary strategies.

Additionally, Čakša expresses dissatisfaction with the slow progress on the government's priority of reducing bureaucracy under Prime Minister Evika Siliņa of the 'New Unity' party. She explains that the bureaucratic reduction process is more challenging than anticipated and requires a shift in mindset among the stakeholders involved to achieve sustainable outcomes. The call for a better approach to bureaucratic processes is part of a greater need for effective economic strategies, which ideally should be more proactive and adaptable to the changing economic landscape.

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