The Finance Minister announced his choice this morning on the Morning News. The medium scenario.
Why? Well, because right now it's not realistic to fill the hole that has arisen by adding an additional 3% of GDP for defense. And no country can do that. Absolutely none. So what then?
Well, one option would be at least not to use the allowed increase in borrowing for defense plus 1.5% of GDP, but to try to keep the deficit at the old 3%. Which is also very difficult to do. In a normalized (not war preparation) budget, that would be a balanced budget. We don't have a normal situation. Defense has to be financed at all costs, and then some deficit inevitably arises. But that has to be accepted.
But what the new coalition or even any specific party will decide - we'll see, there are still many faints and debates ahead.
THE OLD MASTER GUARDS THE TROUGH
Look carefully at what Finance Minister Māris Kučinskis @MarisKucinskis says. Don't listen to what he promises, but what he actually says. This video is ready-made teaching material on how an old master of the system lobbies bureaucracy before the elections.
The minister himself calculates: if everyone in the state administration is cut by 10%, we get 130 million. And he immediately adds that we need 900 million, so that alone won't solve anything. Wait. 130 million is suddenly "nothing"? That is taxpayers' money, and it is paid every year. If a roof leaks in ten places, you still patch the first hole. You don't say you'll patch nothing because the roof still won't be dry after one patch. Only someone who doesn't want to climb onto the roof talks like that.
Deficit-free budget? The minister says this is cruel cutting that will slow down the economy. Which economy? The one that lives off state orders, projects, and consulting contracts. An entrepreneur who earns on their own is much more hurt by taxes with which these holes will later be patched. A family that spends more than it earns can also say that thrift slows their standard of living. Until the debt collector knocks on the door.
And then the best part: the middle path. Reforms and fiscal stability in four years. Structural reforms, strict frameworks, everyone gets their assignment. Translated from bureaucratic language: nothing will happen. Four years is exactly one Saeima. Reforms will sit in working groups, frameworks will wait for approval, and the assignment will be for everyone, hence for no one. That's not the middle path. That's treading water.
No wonder. Kučinskis is no new force. He was prime minister; he built this system with his own hands. A person who has built a crooked house will not tear it down just because you show him cracks in the walls. He will tell you why cracks are normal.
Many in Latvia trust Kulbergs @AndrisKulbergs. I understand. But Kulbergs should remember that it was precisely his right-hand man Kučinskis who presented the report on reducing the NGO sector in the Cabinet of Ministers. The same work that Kulbergs himself called a pile of document shit. So either Kulbergs doesn't know what his own minister is doing, or he knows and is satisfied. Both options are bad.
I no longer have illusions. The United List @Apvienotais_ is not a force for change. It is the next bureaucracy lobby that will sit down in New Unity's place with great pleasure and gratitude. Different sign, same chair, same trough.
Latvia does not need another "middle path". It needs people who reduce the state administration, not guard it. And it needs an electoral system in which you can choose a specific person and not get Kučinskis as a bonus.
We change the rules · @partijaMMN#MēsMaināmNoteikumus#15Saeima
Today there was hysteria in the Saeima Budget Committee. We showed the true state of the budget.
This follows the Kübler-Ross model (described in the book 'On Death and Dying'). The first stage is denial. They denied the data, refused to believe it, and started shouting.
What is it about? You see, the projected budget for the coming years has been deep in the red for a long time. This is publicly known. More than a billion needs to be cut, but mainly by 2030. That is far away. But that is only half the trouble. There are also additional decisions adopted for over 2 billion that need to be cut on top of that.
And they have been promised, but money in the budget will be sought only after the elections (because it is a political choice and not for this Saeima). There you have it — so what will we take away? Only the new Saeima may decide that. Logically.
And together it is apocalyptic — billions are not millions and not even hundreds. It means limiting public expenditure. Which ones? Well, that will be the choice of the next coalition/Saeima. We showed the apocalyptic hole in the wallet that has been built up over many years.
And that is not all. These deficits are if we continue borrowing as before. Up to the brim.
To achieve a deficit-free budget, 9 billion need to be cut.
You could even dismiss all ministries and shut the state down, and it still would not be enough.
So there you have it. Ten years of blatherers in power. What did you expect?
APVIENOTAIS SARAKSTS - Latvijas Zaļā partija, Latvijas Reģionu Apvienība, Liepājas partija · Ekonomists (FM ministra birojs)
Reply
The Finance Minister announced his choice this morning on the Morning News. The medium scenario.
Why? Well, because right now it's not realistic to fill the hole that has arisen by adding an additional 3% of GDP for defense. And no country can do that. Absolutely none. So what then?
Well, one option would be at least not to use the allowed increase in borrowing for defense plus 1.5% of GDP, but to try to keep the deficit at the old 3%. Which is also very difficult to do. In a normalized (not war preparation) budget, that would be a balanced budget. We don't have a normal situation. Defense has to be financed at all costs, and then some deficit inevitably arises. But that has to be accepted.
But what the new coalition or even any specific party will decide - we'll see, there are still many faints and debates ahead.
You didn’t understand the question. For four months there has been public fussing that huge work is going on. The result is a two-month-old presentation that is no news to anyone! With no solutions. We need a fresher view; I don’t believe you have nothing else… but if you don’t, then it’s sad! https://t.co/CLHMBC9vge
Today there was hysteria in the Saeima Budget Committee. We showed the true state of the budget.
This follows the Kübler-Ross model (described in the book 'On Death and Dying'). The first stage is denial. They denied the data, refused to believe it, and started shouting.
What is it about? You see, the projected budget for the coming years has been deep in the red for a long time. This is publicly known. More than a billion needs to be cut, but mainly by 2030. That is far away. But that is only half the trouble. There are also additional decisions adopted for over 2 billion that need to be cut on top of that.
And they have been promised, but money in the budget will be sought only after the elections (because it is a political choice and not for this Saeima). There you have it — so what will we take away? Only the new Saeima may decide that. Logically.
And together it is apocalyptic — billions are not millions and not even hundreds. It means limiting public expenditure. Which ones? Well, that will be the choice of the next coalition/Saeima. We showed the apocalyptic hole in the wallet that has been built up over many years.
And that is not all. These deficits are if we continue borrowing as before. Up to the brim.
To achieve a deficit-free budget, 9 billion need to be cut.
You could even dismiss all ministries and shut the state down, and it still would not be enough.
So there you have it. Ten years of blatherers in power. What did you expect?
Today there was hysteria in the Saeima Budget Committee. We showed the true state of the budget.
This follows the Kübler-Ross model (described in the book 'On Death and Dying'). The first stage is denial. They denied the data, refused to believe it, and started shouting.
What is it about? You see, the projected budget for the coming years has been deep in the red for a long time. This is publicly known. More than a billion needs to be cut, but mainly by 2030. That is far away. But that is only half the trouble. There are also additional decisions adopted for over 2 billion that need to be cut on top of that.
And they have been promised, but money in the budget will be sought only after the elections (because it is a political choice and not for this Saeima). There you have it — so what will we take away? Only the new Saeima may decide that. Logically.
And together it is apocalyptic — billions are not millions and not even hundreds. It means limiting public expenditure. Which ones? Well, that will be the choice of the next coalition/Saeima. We showed the apocalyptic hole in the wallet that has been built up over many years.
And that is not all. These deficits are if we continue borrowing as before. Up to the brim.
To achieve a deficit-free budget, 9 billion need to be cut.
You could even dismiss all ministries and shut the state down, and it still would not be enough.
So there you have it. Ten years of blatherers in power. What did you expect?
Let's be precise. Here the crude Komsomol girl @Braze_Baiba brutally ran over Prime Minister @AndrisKulbergs, who yesterday literally had to clean up all the mess she had made. Simply, common Braže has a well-developed Putin thug reflex – in the goal crease you have to strike first🤡😈😈 If honestly, for that mere month the Prime Minister himself would easily carry out the foreign minister's duties, because he has objectively proven himself unexpectedly credibly in exactly this field. Along the way, he would save the intimidated and mobbed @Arlietas employees by putting the Istanbul Convention into practice….😎🤣🤣
🚨NEW: September Latvijas Fakti poll
▪️ AS extends a commanding lead less than two weeks before polling day
Seat projection:
AS – 29 (+2 vs. August)
LPV – 15 (-)
PRO – 15 (+3)
ZZS - 13 (+1)
NA – 11 (-2)
SV/AJ – 10 (-1)
JV – 7 (-3)
Latvijas Fakti | September 2026 | N=1018 https://t.co/M2BCbvi9NB
The Finance Ministry proposes three scenarios and five solutions for the 2027 state budget. The state debt and the cost of servicing it grow under any scenario.
Dear Mrs. @Braze_Baiba, please tell me why @AndrisKulbergs had to be kicked out head over heels at the last moment because of the Foreign Ministry team's work that was not done on time? You are very lucky that you are still the Minister of Foreign Affairs because of 3/10🤝 https://t.co/Yl5wl8EmfK
@Braze_Baiba@Arlietas I assume that your Estonian and Lithuanian colleagues will carefully read this post of yours and your cynical reproaches to our closest allies. Instead of trying to stand with them and convince them, you now even quite directly express reproaches.
APVIENOTAIS SARAKSTS - Latvijas Zaļā partija, Latvijas Reģionu Apvienība, Liepājas partija · Biedrības 'Latvijas restarts' biedrs
Quote
Dear Mrs. @Braze_Baiba, please tell me why @AndrisKulbergs had to be kicked out head over heels at the last moment because of the Foreign Ministry team's work that was not done on time? You are very lucky that you are still the Minister of Foreign Affairs because of 3/10🤝 https://t.co/Yl5wl8EmfK
This morning on TV3 the Prime Minister was outraged and reproaches @Arlietas for Latvia defending its security interests in the EU to the end and being able to impose a veto. He thinks we should have agreed sooner, like the other Balts, to removing the 2 oligarchs from sanctions. That is news to me. Unpleasant. 1/2
🚨NEW: September Latvijas Fakti poll
▪️ AS extends a commanding lead less than two weeks before polling day
Seat projection:
AS – 29 (+2 vs. August)
LPV – 15 (-)
PRO – 15 (+3)
ZZS - 13 (+1)
NA – 11 (-2)
SV/AJ – 10 (-1)
JV – 7 (-3)
Latvijas Fakti | September 2026 | N=1018 https://t.co/M2BCbvi9NB