Law on Development Finance Institution (2014) País/Territorio Letonia Tipo de documento Legislación Fecha 2014 Fuente FAO, FAOLEX Fuente original Latvijas Vēstnesis, 228, 15.11.2014. Materia Agricultura y desarrollo rural, General Palabra clave Desarrollo agrícola Crédito Medidas financieras agrícolas Medidas fiscales y de mercado Institución Fondo especial Área geográphica Europa, Europa y Central Asia, Países de la Unión Europea, Europa Septentrional Resumen The purpose of this Law is to ensure effective operation of the Development Finance Institution in implementing aid and development programmes and also ensuring the performance of other delegated public administration tasks that are specified in laws and regulations, implementing the State policy in the field of national economy. Within the meaning of this Law, aid and development programme is a programme that is fully or partially implemented in the form of financial instruments or grants and is financed according to the provisions laid down in Section 13 of this Law. Financial instruments are loans, guarantees, export credits, export credit guarantees and financing of export insurance, holding in the capital of commercial companies, investments in funds, including in alternative investment funds and also other financial instruments specified in laws and regulations. This Law prescribes the organisational structure, administration and financial management of the Finance Institution, the procedures for the development, approval, implementation and monitoring of programmes thereof and also activities in the performance of other delegated public administration tasks specified in laws and regulations. The Finance Institution shall implement programmes in the following fields and for the following purposes: (1) development of small and medium-sized economic operators and also commencement of commercial activities; (2) micro-crediting; (3) construction, reconstruction and renovation of residential properties; (4) development of State and local government infrastructure; (5) environmental protection; (6) development of business infrastructure; (7) technological development and innovation; (8) formation of venture capital; (9) development of agriculture, processing of agricultural products, rural areas, fishery and forestry; (10) promotion of the employment of socially sensitive population groups and implementation of other social aid programmes; (11) promotion of co-operation; (12) aid to region requiring special support; (13) promotion of export; (14) implementation and co-funding of the European Union programmes and projects; and (15) implementation and co-funding of the programmes and projects of international finance institutions and also in other fields of aid specified in laws and regulations and for other purposes specified in laws and regulations. Texto completo Letón/Inglés Página web likumi.lv