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Persistent link: https://www.econbiz.de/10003441494
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 …
Persistent link: https://www.econbiz.de/10014412114
With the resumption in growth, the economic recession triggered by the Russian crisis has ended. Additional efforts will be needed to reduce the current account deficit and increase its financing. The IMF staff commend the intention to streamline tax benefits granted to enterprises and to...
Persistent link: https://www.econbiz.de/10014401901
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 …
Persistent link: https://www.econbiz.de/10014402347
Policy efforts in Latvia have supported stabilization. Immediate risks are much lower, but medium-term challenges …
Persistent link: https://www.econbiz.de/10014402348
The Latvian economy has made remarkable strides, combining macroeconomic stability with rapid income convergence. An upfront policy tightening is needed to contain near-term overheating and secure a soft landing. Fiscal restraint is needed to counter the sizable demand stimulus already in play....
Persistent link: https://www.econbiz.de/10014405305