Industry / Latvia
Health Budget Slashed, Minister Resigns
June 2009 | Industry Trend AnalysisOn June 17 2009 the Latvian government announced major cuts to public spending, in an effort to narrow its budget deficit and gain access to more funds from the EU and International Monetary Fund (IMF). Among the cuts are a 20% reduction in public sector salaries and slashing of the Ministry of Health's budget by 30%. BMI believes that while Latvia's economic situation has forced widespread cuts, the impact on the country's healthcare system will be
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