The Fiscal Discipline Council welcomes the fiscally responsible budget project, but points to risks.
With a skilful fiscal policy, the government has successfully mitigated the economic and social consequences of Covid-19 and Russian aggression, while at the same time maintaining a reasonable level of public debt. The budget for 2024 and medium-term budget plan for 2024 - 2026 have also been created in accordance with a fiscally responsible strategy.
Summary of the Surveillance report in English and full document in Latvian is available here.
01.11.2023.