Latvia’s economy continues to recover, but the worsening global outlook is likely to hurt growth. Implementation of the …

Strong policy implementation under the Stand By-Arrangement (SBA) has contributed to Latvia’s economic recovery and put …

the Republic of Latvia. Latvia successfully completed its EU-IMF-supported program in December 2011. As part of the … program, Latvia implemented fiscal consolidation measures of more than 15 percent of GDP. Executive Directors have welcomed … Latvia’s economic recovery since the crisis. Directors have commended the remarkable fiscal consolidation and have also …

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 …

, and have taken steps to contain risks in Parex Bank. The staff report reviews the Republic of Latvia’s economic …

This paper focuses on the Republic of Latvia’s First and Second Reviews Under the Stand-By Arrangement and a Request … for a Waiver of a Performance Criterion. Latvia has continued to follow prudent macroeconomic policies. All performance … vulnerabilities at this time. The current account deficit remains the main risk to Latvia’s economy …

Latvia's economy has emerged from the recession triggered by the Russian crisis. Executive Directors commended the …