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Latvian Saeima supports decision project on MPC system’s cancellation

Photo: pixabay.com
On Thursday, 10 January, Latvia’s Saeima supported the decision project regarding the cancellation of the mandatory procurement component system. In it, deputies invite Economy Ministry to immediately develop legislative acts for the cancellation of the MCP system by the end of March to reduce electricity costs for all Latvian consumers, as reported by Saeima’s press-service.

The Saeima also invites Economy Ministry to comply with principles of rule of law and prevent the possibility of similar payments being instituted with a different name.

In the decision project, the parliament invites the ministry to put an end to the unfair support system. Saeima’s National Economy Committee has been asked to ensure parliamentary control of this matter’s progress in the Saeima.


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