Republic of Latvia : 2017 Article IV Consultation-Press Release; Staff Report

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

July 7, 2017

Electronic Access:

Free Full Text (PDF file size is 917 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Macroeconomic conditions are broadly sound: fiscal and current account deficits remain at prudent levels; public debt persists at a low level; and unemployment continues to fall. For the first time in the last 5 years, credit growth to the private sector is positive, signaling that the credit cycle has turned. However, growth seems to have settled at a more modest pace, and staff estimate that the post-crisis medium-term potential growth rate is lower than previously thought, with implications for the convergence path.

Series:

Country Report No. 17/194

Subject:

English

Publication Date:

July 7, 2017

ISBN/ISSN:

9781484308042/1934-7685

Stock No:

1LVAEA2017001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

52

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