Poor management of Latvia’s state forest management company, Latvijas Valsts Mezi (LVM), led to major monetary losses, according to the State Audit Office (LRVK), LSM reported. The audit concluded that LVM’s management and the Ministry of Agriculture had failed to ensure sufficiently effective oversight of the company. The government’s decision to provide support to timber…
A report of the Latvian government’s internal review commission on the progress of the Rail Baltica railway project has revealed that the state-owned company, Eiropas Dzelzcela Linijas, failed to consult independent experts on important decisions, LETA and LSM reported. The commission report analysed two suspended construction projects on a railway bridge across the Daugava river…
Only 4% of multi-apartment houses in need of renovation in Latvia have been renovated, according to the State Audit Office (LRVK), LSM reports. Latvia has over 39,500 multi-apartment houses, of which at least 26,600 need renovation. Martins Abolins, member of LRVK’s council, noted that more than half of all multi-apartment houses in the country were…
Lithuanian President Gitanas Nauseda said that he would urge the foreign minister of the next government to conduct an audit at the Foreign Ministry, BNS reports. Nauseda said that he would recommend that the ministry carry out a financial and a comprehensive performance audit. He implied that there may have been improprieties in the competition…
The coordinator of the Rail Baltica railway project, RB Rail, will start talks with private investors on financing the project’s implementation in Latvia at the end of 2024, LSM reports. Latvia’s Ministry of Transport presented a report on the project to the public expenditure and audit committee of the Latvian parliament, the Saeima. Latvia has…
The National Audit Office of Estonia (Riigikontroll) found significant errors in the 2023 state budget act despite the overall accuracy of the state’s financial accounts, ERR reports. Key issues included incorrect recording of transactions in the budgets of the ministries of economy, regional affairs, and agriculture, leading to a discrepancy of EUR 122mn. Additionally, the…
Latvia’s State Audit Office (LRVK) has criticised the Ministry of Education and Science for ineffective policies in attracting and retaining teachers, LETA reports. A significant portion of new teachers leave within five years due to systemic issues, including constant changes, insufficient teaching materials, poor remuneration, and uncertainty about reforms. The audit notes that the ministry’s…
The ruling coalition in Latvia will review contracts and rising costs of the Rail Baltica railway project before approving any related payments, LETA reports. Following an audit of the project, the Ministry of Transport has turned to the Prosecution Office. The audit estimated that the total cost of the project had risen to EUR 23.8bn….
Members of the supervisory council of Latvia’s state-owned passenger train operator, Pasazieru Vilciens (Vivi), have resigned, LSM reports. The company has come under heavy criticism because of recurring problems with new electric trains delivered by the Czech manufacturer, Skoda Vagonka. Vivi’s council chairman, Sandis Steins, insisted that responsibility for the problems was beyond the council’s…