Executive
Board Calendar |
Board Discussions
on the Republic of Latvia:
Next (tentative): February 12, 2010
Previous: August 27, 2009 December 23, 2008 October 4, 2006 July 27, 2005
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Projected % Change
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2009
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2010
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Real GDP
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-18
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-4
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Consumer Prices
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3.1
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-3.5
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Source: World Economic Outlook (October 2009)
Please refer to more recent PIN/Staff reports on this country for possible revisions.
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Republic of Latvia: Financial Position in the Fund

International Reserves
 Transactions with the Fund

Central Bank Bank of Latvia

Finance Ministry Ministry of Finance

Resident Representative Office in Latvia

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Republic of Latvia and the IMF
Updated December 10, 2009
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The last Article IV Executive Board Consultation was on October 04, 2006. The Republic of Latvia is a subscriber to the Special Data Dissemination Standard. 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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 | 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.
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 | 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.
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 | 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
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 | November 27, 2009 -- Press Release: IMF Welcomes Latvia's Efforts on Budget, Prepares Second Review Under the Stand-By Arrangement
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 | 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.
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 | 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
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 | October 03, 2009 -- Transcript of a Press Conference on the October 2009 Regional Economic Outlook for Europe
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 | September 30, 2009 -- Republic of Latvia: First Review and Financing Assurances Review Under the Stand By Arrangement, Requests for Waivers of Nonobservance of Performance Criteria, and Rephasing of Purchases Under the Arrangement
Series: Country Report No. 09/297
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 | September 14, 2009 -- Press Release: Joint IMF, EC Press Release on the European Banking Group Coordination Meeting on Latvia
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 | September 11, 2009 -- European Banking Group Coordination Meeting for Latvia - Concluding Statement by Participating Parent Banks
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 | August 28, 2009 -- Transcript of a Conference Call on the Completion of the First Review Under Latvia's Stand-By Arrangement
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 | August 27, 2009 -- Press Release: IMF Completes First Review Under Stand-By Arrangement with Latvia and Approves €195.2 Million Disbursement
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 | August 27, 2009 -- Transcript of a Press Briefing by Caroline Atkinson, Director, External Relations, IMF
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 | July 30, 2009 -- Transcript of a Conference Call on Staff-Level Agreement on First Review of Latvia's Stand-By Arrangement
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 | July 28, 2009 -- IMF Survey: Latvia Struggles to Overcome Economic Downturn
An IMF mission and the Latvian government have agreed on a new policy package that will give the Baltic country access to about $278 million in new financing. In an interview, mission leaders Anne-Marie Gulde and Mark Griffiths explain the rationale for the policy measures.
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 | July 27, 2009 -- Republic of Latvia -- Latvia: Letter of Intent, July 27, 2009
PDF File Size: 461Kb
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 | July 27, 2009 -- Press Release: IMF Reaches Staff-Level Agreement with the Latvian Authorities on First Review Under Stand-By Arrangement
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 | July 16, 2009 -- Transcript of a Press Briefing by Caroline Atkinson, Director, External Relations, IMF
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 | June 19, 2009 -- Transcript of IMF's Bi-Weekly Press Briefing by Caroline Atkinson, Director of External Relations Department
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 | June 16, 2009 -- Press Release: Statement by IMF First Deputy Managing Director John Lipsky on Latvia
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