(w/add) National Alliance to Propose Solution for Raising Teachers' Wages this Year

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RIGA, Feb 25 (LETA) The National Alliance will come up with a proposal to the coalition partners on a solution for raising teachers' wages already this year, LETA learned from the party.

National Alliance's chairman Raivis Dzintars did not disclose the source of funding yet, but promised to reveal more information after the meeting of the coalition parties.

The National Alliance proposes to reduce the share capital of the Courthouse Agency for the necessary sum and add it to the 2019 budget for raising teachers' wages. At the end of 2017, EUR 11.2 million were invested in the share capital of the Courthouse Agency with a goal to partly cover costs for construction of a new jail in Liepaja, but the construction project has been postponed.

As reported, te Cabinet of Ministers on February 19 approved the budget plan project for 2019.

The budget project approved by the previous government foresaw that revenue will be at EUR 9.178 billion, while expenditure - EUR 9.205 billion.

Compared to the budget project approved by the Maris Kucinskis (Greens/Farmers) government, the new budget project foresees greater budget expenditure - revenue at 9.2 billion, and expenditure at EUR 9.4 billion.

Overall, budget spending in the 2019 budget will increase by EUR 400 million, with an additional EUR 28.5 million to be allocated for priority spending areas.

LETA also reported that if the pay rise...