Latvia
On December 5, 2025, Latvia's Saeima approved the 2026 state budget, setting revenues at €16.1 billion and expenditures at €17.9 billion, resulting in a projected deficit of 3.3% of GDP. The budget prioritizes national security, family support, and education, allocating €448.3 million for defense and security, €94.8 million for family and child support, and €45 million for education reforms. This financial plan reflects Latvia's commitment to strengthening its defense capabilities and social welfare systems amid regional security concerns.
