This Selected Issues paper examines the prospects for Latvia continuing to rapidly reduce its distance from the … income to that of Latvia at present, to gauge the plausibility of the forecast for Latvia’s medium term GDP growth of about 4 … sustain higher subsequent growth. The paper also confirms the importance of investment and structural reforms for Latvia …

international financial market tensions. The Bank of Latvia has strengthened its liquidity management framework. Program … implementation to date has helped insulate Latvia from the recent international financial market turmoil …