Fiscal Discipline Council Highlights Significant Geopolitical Risks in State Financial Planning
The Fiscal Discipline Council has approved the Ministry of Finance's macroeconomic forecasts for the…
Latvia, like several EU member states, is currently experiencing 'post-crisis syndrome,' with economic growth slower than anticipated. Despite challenging conditions, the government has developed an…
The Saeima on September 26 has reappointed University of Latvia Professor Inna Šteinbuka as a member of the Fiscal Discipline Council (FDC) for a new term. Council members are appointed for six-year…
The Council is responsible for approving macroeconomic forecasts of the MoF, in accordance with the scope of indicators defined in Article 20 of the Fiscal Disciplin Law.
The Council has no…
The development of the public debt in the coming years shows a growing trend, and the interest payments on the public debt is also growing quite rapidly - from 0.8% of GDP in 2023 to 1.4% of GDP in…
The Fiscal Discipline Council points to risks that may increase the public debt
Currently, the economic development and the fiscal outcome are affected by geopolitical, macroeconomic and fiscal…
