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May 2, 2014
January 23, 2013
July 11, 2012
December 21, 2011
May 25, 2011

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2015  2016
Real GDP 2.3 3.3
Consumer Prices 0.5 1.7
Source: World Economic Outlook (April 2015)
Please refer to more recent Press Release/Staff reports on this country for possible revisions.

Republic of Latvia: Financial Position in the Fund

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Republic of Latvia and the IMF
Updated May 10, 2015

The last Article IV Executive Board Consultation was on May 02, 2014. Listed below are items related to the Republic of Latvia, in reverse chronological order (you can also view items by category).

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October 09, 2010 -- IMFC Statement by Sigbjoern Johnsen, Minister of Finance, Ministry of Finance, Norway
On behalf of: Denmark, Republic of Estonia, Finland, Iceland, Republic of Lithuania, Republic of Latvia, Norway, Sweden. PDF File Size: 456Kb
September 01, 2010 -- Adjustment under a Currency Peg: Estonia, Latvia and Lithuania during the Global Financial Crisis 2008-09
Author/Editor: Purfield, Catriona | Rosenberg, Christoph B.
Series: Working Paper No. 10/213
August 12, 2010 -- Public Information Notice: IMF Executive Board Concludes 2010 Article IV Consultation and Third Review of the Stand-By Arrangement with the Republic of Latvia
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
July 23, 2010 -- Transcript of a Press Briefing by Caroline Atkinson, Director, External Relations Department, IMF
July 22, 2010 -- Transcript of Conference Call On Latvia, Resident Representative in Riga
July 21, 2010 -- Press Release: IMF Completes Third Review Under Stand-By Arrangement with Latvia and Approves €105.8 Million Disbursement
July 05, 2010 -- Republic of Latvia -- Letter of Intent and Technical Memorandum of Understanding, July 05, 2010
PDF File Size: 475Kb
June 07, 2010 -- Press Release: IMF Reaches Staff-Level Agreement on Third Review Under Stand-By Arrangement with Latvia
April 24, 2010 -- IMFC Statement by Jyrki Katainen, Minister of Finance, Ministry of Finance, Finland
On behalf of: Denmark, Republic of Estonia, Finland, Iceland, Republic of Lithuania, Republic of Latvia, Norway, Sweden. PDF File Size: 344Kb
March 15, 2010 -- Republic of Latvia: Second Review and Financing Assurances Review Under the Stand-By Arrangement, Request for Extension of the Arrangement and Rephasing of Purchases Under the Arrangement and Request for Waiver of Nonobservance and Applicability of Performance Criteria
Series: Country Report No. 10/65
February 18, 2010 -- IMF Survey: After Severe Recession, Stabilization in Latvia
Latvia has suffered one of the deepest recessions in the world. But an international support package helped the country through the worst of the crisis, and recovery is projected for late 2010. IMF Latvia mission chief Mark Griffiths looks at the Baltic state’s prospects.
February 17, 2010 -- Press Release: IMF Completes Second Review Under Stand-By Arrangement with Latvia and Approves €200.3 Million Disbursement
January 22, 2010 -- Republic of Latvia -- Letter of Intent and Technical Memorandum of Understanding, January 22, 2010
PDF File Size: 463Kb
December 10, 2009 -- IMF Survey: 'Baltic Tiger' Plots Comeback
Even though Estonia is battling falling output and rising unemployment, the east European country’s government is confident it can ride out the global economic crisis. So confident, in fact, that it announces it is close to meeting all the criteria for adopting the euro.
December 04, 2009 -- IMF Survey: Reforms Should Follow Stabilization in EU's New Members
European Union countries in central and eastern Europe worst hit by the global financial crisis have successfully stabilized their economies and now should focus on reforms to put them back on the road to convergence with other EU members.
December 02, 2009 -- “The impact of the crisis on new EU member states” Role and Contribution of the Fund in the Crisis, Keynote remarks by Marek Belka,Director, European Department, Brussels, December 2, 2009
November 27, 2009 -- Press Release: IMF Welcomes Latvia's Efforts on Budget, Prepares Second Review Under the Stand-By Arrangement
October 28, 2009 -- IMF Survey: Agreement with Banks Limits Crisis in Emerging Europe
In an interview, Erik Berglöf (European Bank for Reconstruction and Development) and Anne-Marie Gulde (IMF) discuss the impact of the European Bank Coordination Initiative, which has played a key role in helping emerging Europe avert systemic crisis.
October 04, 2009 -- IMFC Statement by Anders Borg, Minister of Finance, Sweden
On behalf of: Denmark, Republic of Estonia, Finland, Iceland, Republic of Lithuania, Republic of Latvia, Norway, Sweden. PDF File Size: 405Kb
October 03, 2009 -- Transcript of a Press Conference on the October 2009 Regional Economic Outlook for Europe

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