Republic of Latvia : Staff Report for the 2000 Article IV Consultation and First Review Under the Stand-By Arrangement

Author/Editor:

International Monetary Fund

Publication Date:

July 10, 2000

Electronic Access:

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Summary:

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 eliminate the benefits that are inconsistent with EU regulations. Financial sector development is imperative for continued external sustainability and economic growth. The government’s ability to implement the privatization program and address the remaining impediments to an enabling business climate is crucial.

Series:

Country Report No. 00/78

Subject:

Notes:

Included with the Staff Report are the text of Public Information Notice No. 00/48 -- IMF Concludes Article IV Consultation with Latvia and a statement by Olli-Pekka Lehmussaari, Executive Director for the Republic of Latvia, June 30, 2000

Frequency:

quarterly

English

Publication Date:

July 10, 2000

ISBN/ISSN:

9781451824438/1934-7685

Stock No:

1LVAEA0012000

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

86

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