Viktor Valainis announced that for the first time, pension fund assets will work for the benefit of the Latvian economy.
The head of the Ministry of Economics, Viktor Valainis, during a discussion on TV-24, announced that an investment fund for the development of the Latvian economy will be created in the near future. According to the minister, all banks except one have agreed to invest funds (presumably including funds from the second pension level) for a total amount of 1 billion euros! V. Valainis noted that for the first time, funds from the second pension level will be invested specifically in the development of the Latvian economy.
