According to the amendments to the Law on the Bank of Latvia adopted in the final reading on Thursday, 21 November, the term of office of the Governor of the Bank of Latvia henceforth will be reduced from six to five years.

“It is statehood that will uphold Latvia. Our nation can only thrive if our state thrives,” said Ināra Mūrniece, Speaker of the Saeima, on Monday, 18 November, at the ceremonial sitting of the Saeima in honour of the 101st anniversary of the proclamation of the Republic of Latvia.

On Thursday, 14 November, the Saeima in the final reading adopted the Law on the State Budget for 2020, the Law on Medium-Term Budget Framework for 2020, 2021 and 2022, as well as amendments to 26 other budget-related laws

On Thursday, 14 November, the Saeima decided to freeze MP salaries at the amount set for 2019, which means that the MPs’ remuneration will not increase next year. The Saeima adopted the amendments to the Law on Remuneration of Officials and Employees of State and Local Government Authorities in its extraordinary sitting dedicated to the package of draft laws accompanying the budget for 2020. 

"Together we must stand firm for Ukraine and international law. Over the 70 years of the existence of the Council of Europe, it has been an outstanding, standard-setting body in areas such as human rights, the rule of law, and democracy. Unfortunately, today the authority of the Council of Europe and the Parliamentary Assembly of the Council of Europe (PACE) is in jeopardy. The illegal annexation of Crimea, the armed conflict in Donbas, the occupation of Abkhazia and South Ossetia, the flagrant violations of the freedom of speech and assembly, and the persecution of human rights activists are issues the avoidance of which undermines the public trust in the Council of Europe and the values for which it stands," said Speaker Ināra Mūrniece, addressing the audience at the European Conference of Presidents of Parliaments of the member states of the Council of Europe.

On Thursday, 24 October, Saeima in the final reading adopted amendments to the Packaging Law, which provide a regulatory framework for the operation of the deposit system. This system will become operational on 1 February 2022.

On Thursday, 24 October, the Saeima appointed Santa Purgaile as the Chair of the Financial and Capital Market Commission (FCMC).

On Thursday, 17 October, the Saeima in the final reading and as a matter of urgency adopted the amendments to the Energy Law, with the goal of overcoming obstacles to the creation of a regional natural gas market and ensuring that the common entry-exit tariff system of Finland, Estonia and Latvia is operational from 1 January 2020.