The Saeima has adopted and the President promulgated the following laws: The medium-term budgetary framework for 2014, 2015 and 2016 article 1. With the annual State budget act in the preparation of the draft medium-term budgetary framework for the preparation of the draft law, the State budget-related decisions and actions are implemented in law of fiscal discipline in fiscal policy principles and the following medium-term budget policy the priority development directions: 1) sustainable and balanced economic development of the country, providing funding for the sector, within the limits of the State budget; 2) the labour tax burden review to reduce income inequality and raise the quality of life, especially families with children.
2. article. Designing the future-year medium-term budgetary framework law projects, taking into account the country's economic situation and State budget, to ensure gradual progress on 10 may 2012 in the Saeima approved the concept of national defence establishes indicative objective to achieve national defence funding of up to 2 percent of gross domestic product (GDP) by 2020.
3. article. In the preparation of this law used GDP forecast comparable prices for 2014, 2015 11 562 300 000 € for € 12 021 800 000 and 12 501 800 000 euro 2016. This law was used in preparing the forecast GDP at current prices for 24 763 600 000 euro 2014, 2015 and 2016 26 391 800 000 eur for 28 136 300 000 euro.
4. article. This law was used in the preparation of potential GDP forecast comparable fares to 11 502 800 000 euro 2014, 2015 11 972 400 000 euros and 12 465 500 000 euro 2016. This law was used in the preparation of potential GDP growth rate forecast to 3.7 percent in 2014, 2015 4.0 percent, 4.1 percent in 2016, 2017.4.1 percent for the year and 2018 to 3.9 percent.
5. article. General Government structural budget balance goal according to the European system of accounts (ESA 95) methodology that determined in accordance with the Council of 25 June 1996, Regulation (EC) No 2223/96 on the European system of national and regional accounts in the Community (hereinafter referred to as the European system of national and regional accounts in the European Union), 2014 is-1 percent of GDP in 2015-1 percent of GDP and 2016-0.9 percent of the GDP.
6. article. The General Government budget balance according to the European system of national and regional accounts in the European Union in 2014-0.9 per cent of GDP, in 2015-0.9 percent of GDP and 2016-0.8 per cent of GDP.
7. article. Fix State budget financial balance volume and maximum public spending total in 2015 and 2016 in accordance with Annex 1.
8. article. Fix State budget revenue forecasts in 2015 and 2016 in accordance with annexes 1 and 2.
9. article. In accordance with the law of fiscal discipline article 18, as well as under the transitional provisions of paragraphs 5 and 6, evening out the costs of eur 1 069 823 066 in 2016, including the European Union's structural and cohesion funds expenditure spread across 482 809 182 euro and the common agricultural policy and the common fisheries policy of evening out the costs in euro 2016 587 013 884.
10. article. In accordance with the law of fiscal discipline to determine the corrected maximum permitted levels of public spending to 2014 7 187 498 102 euro in 2015 and 2016 in eur 7 055 166 121.6 426 814 803 euros per year.
11. article. To determine the maximum permissible national budget the total level of expenditure for each Ministry and other central public authority for 2015. and 2016 in accordance with annex 3.
12. article. Based on the forecasts of revenue and files provided to the approved State budget expenditure in 2014, 2015 and 2016, as well as taking into account the measures approved in the field of taxation, local authorities in the medium term ensures stable revenue growth rate of the personal income tax revenue Division of local government budgets and the State budget of 80 percent to 20 percent, respectively.
13. article. The annual total of local borrowing levels increase in the medium term, in 2014, 2015 and 2016 is set at 118 million. The Ministry of finance assessed the possible total borrowing limit (total borrowing and repayment of the loans previously taken) and the Latvian local government Union proposals submitted loan priority objectives and preparing the annual State budget law, the draft provides for the conditions for receiving loans to local authorities in the field of the current financial year, up to certain municipalities in the medium term, the total increase in borrowing levels. The law shall enter into force on January 1, 2014. The Parliament adopted the law in 2013. on 6 November. The President a. Smith 2013 in Riga on 27 November annex 1 Annex 2 in EXCEL format in EXCEL format in EXCEL format in annex 3.