On October 19, 2023, the Parliament of Republic of Latvia has approved Dr.oec. Jānis Priede as a member of the Fiscal Discipline Council for six years. The Council is an independent collegial…
Fiscal Discipline Council: increasing the budget deficit will not provide the expected economic breakthrough.
In Latvia, in general, the largest price growth has been overcome and at present, there…
The Fiscal Discipline Council points to a scope of risks to economic performance. The Fiscal Discipline Council has generally approved the macroeconomic forecasts of the Ministry of Finance (MoF) for…
The long-term uncertainty is the significant risk for the national economy.
This and likely the coming years will be a time of great economic, political, and fiscal uncertainty, and fiscal policy…
The future challenge of the Latvian economy is to accelerate growth, because only the growth of the gross domestic product (GDP) will provide the basis for stable budget growth. To achieve this goal,…
Formulation of the opinion on macroeconomic indicators is the duty of the Council, in accordance with the scope of the indicators specified in Section 20 of the Fiscal Discipline Law. Council's…
