on the Republic of Latvia:
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
Source: World Economic Outlook (October 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.
Republic of Latvia: Financial Position in the Fund
Transactions with the Fund
Bank of Latvia
Ministry of Finance
Resident Representative Office in Latvia
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|Republic of Latvia and the IMF|
Updated October 11, 2014
|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).
|January 28, 2013 -- IMF Survey : Latvia’s Recovery Continues As It Eyes Euro Adoption|
Despite the recession in the euro area, Latvia’s GDP growth is projected to have exceeded 5 percent for the second year in a row in 2012. The labor market is improving, but unemployment remains too high.
|December 10, 2012 -- Press Release: IMF Statement on Latvia's Announcement about Early Repayment to the IMF|
|November 26, 2012 -- Republic of Latvia: 2012 Article IV and Second Post-Program Monitoring Discussions Concluding Statement of the IMF Mission|
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
|October 13, 2012 -- 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: 523Kb
|September 14, 2012 -- Press Release: Latvia Makes Early Repayment to the IMF|
|July 16, 2012 -- Public Information Notice: IMF Executive Board Concludes First Post-Program Monitoring Discussions 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 16, 2012 -- Republic of Latvia: First Post-Program Monitoring Discussions|
Series: Country Report No. 12/171
|June 11, 2012 -- IMF Survey: Latvia's Successful Recovery Not Easy to Replicate|
While Latvia’s recovery sets an example for other European governments struggling to reduce national debt and get out of recession, the country—as well as Baltic neighbors Lithuania and Estonia—still needs to make structural changes, a conference in Riga, Latvia hears.
|June 05, 2012 -- Latvia and the Baltics—a Story of Recovery By Christine Lagarde, Managing Director, International Monetary Fund|
|May 16, 2012 -- Press Release: Statement at the Conclusion of the First Post-Program Monitoring Mission to Latvia|
|May 08, 2012 -- Press Release: Bank of Latvia, IMF Announce Joint Conference on the Recovery in the Baltics|
|April 21, 2012 -- IMFC Statement by Margrethe Vestager, Minister for Economic Affairs and the Interior, Denmark|
On behalf of: Denmark, Republic of Estonia, Finland, Iceland, Republic of Lithuania, Republic of Latvia, Norway, Sweden. PDF File Size: 542Kb
|February 07, 2012 -- Republic of Latvia: Fifth Review Under the Stand-By Arrangement and Financing Assurances Review, Request for Waiver of Nonobservance of a Performance Criterion, and Proposal for Post-program Monitoring|
Series: Country Report No. 12/31
|February 07, 2012 -- IMF Survey: Latvia Emerges Stronger As International Support Winds Down|
When Latvia asked for financial support from the IMF and the European Union in Demceber 2008, it was one of the first countries to suffer the full consequences of the global economic crisis. Today, three years later, Latvia has successfully completed its IMF- and EU-supported program.
|December 21, 2011 -- Press Release: IMF Concludes Fifth and Final Review Under Stand-By Arrangement with Latvia|
|December 21, 2011 -- Transcript of a Conference Call on the Fifth and Final Review Under a Stand-By Arrangement with Latvia|
|December 08, 2011 -- Republic of Latvia -- Letter of Intent, December 08, 2011|
PDF File Size: 461Kb
|December 08, 2011 -- Press Release: Statement by the IMF and EC on the Fifth and Final Review to Latvia|
|September 24, 2011 -- IMFC Statement by Nils Bernstein, Governor and Chairman of the Board of Governors, Danmarks Nationalbank, Denmark|
On behalf of: Denmark, Republic of Estonia, Finland, Iceland, Republic of Lithuania, Republic of Latvia, Norway, Sweden. PDF File Size: 271Kb
|September 24, 2011 -- Transcript of Press Conference on Europe, Antonio Borges, head of the IMF European Department|