Advanced Search
MyIDEAS: Login to save this paper or follow this series

Republic of Latvia


Author Info

  • International Monetary Fund
Registered author(s):


    Strong policy implementation under the Stand By-Arrangement (SBA) has contributed to Latvia’s economic recovery and put attainment of Maastricht criteria for euro adoption within reach. The government has continued to achieve substantial fiscal savings and strengthened its active labor market policy. Executive Directors stressed the need to implement plans for reforming state-owned banks and to promote market-based debt restructuring. Directors advised to maintain strong budget implementation in 2011 and focus on reducing taxes in the 2012 budget. They encouraged to enhance efficiency of state-owned enterprises to keep inflation under control.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL:
    Download Restriction: no

    Bibliographic Info

    Paper provided by International Monetary Fund in its series IMF Staff Country Reports with number 11/126.

    as in new window
    Length: 91
    Date of creation: 08 Jun 2011
    Date of revision:
    Handle: RePEc:imf:imfscr:11/126

    Contact details of provider:
    Postal: International Monetary Fund, Washington, DC USA
    Phone: (202) 623-7000
    Fax: (202) 623-4661
    Web page:
    More information through EDIRC

    Order Information:

    Related research

    Keywords: Bank reforms; Bank restructuring; Budget deficits; Economic indicators; Economic recovery; Fiscal reforms; Performance criteria waivers; Phasing of purchases; Staff Reports; Stand-by arrangement reviews; external debt; current account; public debt; fiscal balance; tax increases; debt sustainability; fiscal consolidation; public sector debt; fiscal responsibility; fiscal responsibility law; fiscal adjustment; net external debt; debt dynamics; balance of payments; spending cuts; fiscal balances; external debt sustainability; fiscal performance; external financing; current account deficit; short-term debt; debt stock; fiscal discipline; private debt; fiscal policy; debt restructuring; capital expenditure; current account balance; net debt; tax revenue; central bank; budget support; fiscal policies; repayments; domestic currency; budget law; primary current expenditure; primary deficit; expenditure cuts; foreign debt; debt service; debt ratio; fiscal targets; local government spending; fiscal measures; tax credit; current account surplus; fiscal effort; repurchases; interest expenditure; tax revenue increase; reserve assets; external liability; tax base; fiscal savings; fiscal outlook; fiscal assumptions; budget measures; tax revenues; fiscal criterion; budget deficit; domestic saving; total external debt; fiscal sustainability; taxation; tax system; long-term debt; domestic financing; budgetary process; debt overhang; government debt; government spending; flat tax; tax cut; fiscal losses; crisis countries;

    This paper has been announced in the following NEP Reports:


    No references listed on IDEAS
    You can help add them by filling out this form.



    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


    Access and download statistics


    When requesting a correction, please mention this item's handle: RePEc:imf:imfscr:11/126. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jim Beardow) or (Hassan Zaidi).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.