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In Latvia will severely restrict cash transactions

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In Latvia plan to prohibit the use of cash when making some transactions.

This decision, according to the Ministry of Finance of Latvia will have a significant effect in the fight against the shadow economy in the country.

As reported RBC-Ukraine, the Finance Ministry in the near future, wants to severely restrict cash transactions, and in some areas even enforce the ban.

In the framework of the fight against the shadow economy in the current year in Latvia will introduce a system of electronic registration of working time in construction.

These measures will shed light on business in the fields of construction, catering and hospitality industry.

Photo: © Banowati

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