Absorption progress of EU Structural Funds within the competence of the Ministry of Economics 14/06/2007
Financial absorption In all in all LVL M from EU Structural Funds are available to the MoE State aid programmes for the private sector: Agreements signed in total with final beneficiaries for the amount of LVL M, out of these: - EU Structural Funds LVL M; - State budget funding LVL 57.5 M. Support provided to 771 commercial entity in Latvia. Support measures for the public sector: Agreements signed in total for LVL 22.5 M, out of these: - EU Structural Funds LVL M; - State budget funding LVL 6.08 M. Signed 44 agreements with municipalities, their commercial companies and public organisations.
Expenditure in breakdown by support programmes (private sector, M LVL)
Expenditure in breakdown by support measures (public sector, M LVL)
Expenditure in breakdown by regions (private sector, %)
Expenditure in breakdown by regions (public sector, %)
Expenditure breakdown by sectors of national economy (private sector) Sector of national economyLVL (M)% Mining industry, manufact. of construction materials, construction services Forest exploitation/ wood processing Metal processing Chemical industry Publishing/printing Food industry Recreation/ tourism and hotel services Textile industry Manufacturing of electronic equipment Transport Processing of raw materials Health care Services Other sectors TOTAL
Expenditure breakdown by sectors of national economy (private sector)
Attracted national funding (result indicator) In total national co-funding attracted for LVL M
Attracted national funding against planned
Number of approved projects in breakdown by aid schemes (output indicator) Aid scheme Number of projects SAS 1.1 "Creation and reconstruction of connections required for development of infrastructure" 26 SAS 1.2 "Business improvement according to requirements of standards"258 SAS 1.3 “Creation of separated infrastructure"15 SAS 2.0 “Support for development of new products and technologies"45 SAS 3.1 “Consultation services"300 SAS 3.2 “Participation in international exhibitions and trade missions"94 SAS 4.0 "Support for training, re-training and raising of qualification of employed" 157 “Loans (incl. microloans) for business start-ups"84 “Development of loan guarantee system"49 TOTAL1 028
Programme demand (private sector, pcs)
Aid disbursed (private sector, M LVL) Aid scheme SAS 1.1 "Creation and reconstruction of connections required for development of infrastructure" SAS 1.2 "Business improvement according to requirements of standards" SAS 1.3 “Creation of separated infrastructure" SAS 2.0 “Support for development of new products and technologies" SAS 3.1 “Consultation services" SAS 3.2 “Participation in international exhibitions and trade missions" SAS 4.0 "Support for training, re-training and raising of qualification of employed" “Loans (incl. microloans) for business start-ups" “Development of loan guarantee system" TOTAL
Investments in fixed assets in 2005 (co-funded from EU Structural Funds) Sector of national economyInvestments LVL (M) Of industry* % Agriculture, hunting and forestry (A) Mining industry and quarrying (C) Processing industry (D) Construction (F) Hotels and restaurants (H)0.00 Transport, storage and communication (I) Operations with real estate; lease and other commercial activities (K) Other utility, social and individual services (O)0.00 TOTAL *According to CSB data on total investments for acquisitions of fixed assets in breakdown by sectors of national economy
Evaluation of efficiency of aid schemes and funding used has been started: On the level of national economy – identifying project impact on indicators of national economy On sectoral level – identifying project impact in breakdown by sectors On project level – evaluating aid impact on business growth compared to situation before implementation of the project, and with average industry indicators Currently data are gathered on project indicators and sector indicators
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