“We managed to double Latvia’s economy in 20 years,” Valainis promises twice as fast development in the future

“We managed to double Latvia’s economy in 20 years,” Valainis promises twice as fast development in the future
“We managed to double Latvia’s economy in 20 years,” Valainis promises twice as fast development in the future
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Why does Latvia need one economic development plan?

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“We have to set a course for development. Everyone is currently celebrating the 20th anniversary since Latvia’s entry into the European Union, if we look at what has happened in the economy in these 20 years, we have managed to double Latvia’s economy in twenty years,” says Economy Minister Viktors Valainis (ZZS) in the TV24 program “Latvijas labums”.

He points out that all Latvian residents, of course, would like the development to happen faster. For this to happen, new goals must be set. “Now we have set ourselves the goal of doubling Latvia’s economy, but not in 20 years, but in 10, which means that we will have to move forward twice as fast as before!”

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To achieve this, you need to be aware of your weaknesses. “This is nothing new, these are things that have been indicated for years and need to be implemented, so such a plan has been created, in which way we can move forward faster!” the minister states.

There are already countless development and growth plans in Latvia, how will this one be different?

“This plan sets as its foundation the goal of debating this in parliament. There are not very many planning documents that are debated in parliament at all on economic development issues,” he says.

One debate on Latvia’s national development plan takes place once every seven years, he cites as a bad example.

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