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View over the river Daugava towards the Gulf of Riga, Latvia. Photo by GothPhil

Latvia Resident Representative Site

Resident Representative Office in Latvia

This web page presents information about the work of the IMF in Latvia, including the activities of the IMF Resident Representative Office. Additional information can be found on the Latvia and IMF country page, including IMF reports and Executive Board documents that deal with Latvia.

At a Glance : Latvia's Relations with the IMF

  • Current IMF membership: 188 countries
  • Latvia Joined on May 19, 1992; Article VIII
  • Quota: SDR 142.1 million
  • Outstanding Purchases and Loans: none
  • The IMF’s Executive Board approved a 27-month, SDR 1.52 billion (about €1.7 billion) Stand-By Arrangement involving exceptional access (1,200 percent of quota) on December 23, 2008. Latvia repaid all remaining Fund credit on December 20, 2012.
  • Republic of Latvia 2012 Article IV Consultation Country Report 13/28, was published in January 28, 2013

News — Highlights

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Latvijas ekonomiskais potenciāls: Ekonomikas atveseļošanās un reformas

Blogs ar David Moore click for more

Presentation--Latvia’s Economic Potential: Recovery and Reforms

Presentation by David Moore at the Stockholm School of Economics in Riga click for more

Latvia’s Economic Potential: Recovery and Reforms

by David Moore click for more

Paziņojums pēc pirmās pēcprogrammas uzraudzības misijas Latvijā

Press Release No. 12/180 click for more

AGAINST THE ODDS: Lessons From the Recovery in The Baltics

A Conference on "Lessons From the Recovery in the Baltics" will be held in Riga, Latvia at The Great Guild on Tuesday, June 5, 2012 click for more

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Latvia and the IMF

IMF Staff Visit to Latvia, May 7-13, 2013- Concluding Statement

May 13, 2013
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. click for more

Press Release: IMF Announces Closure of Resident Representative Office in Latvia

April 2, 2013

Republic of Latvia IMF Executive Board Concludes 2012 Article IV Consultation and Second Post-Program Monitoring Discussions, and Ex-Post Evaluation of Exceptional Access Under the 2008 Stand-By Arrangement

January 28, 2013
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment. click for more

Republic of Latvia: Selected Issues

January 28, 2013
Series: Country Report No. 13/29 click for more

Republic of Latvia: Ex Post Evaluation of Exceptional Access Under the 2008 Stand-By Arrangement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Latvia

January 28, 2013
Series: Country Report No. 13/30 click for more

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Latest on Europe

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Central, Eastern and Southeastern Europe

Financing Future Growth: The Evolving Role of Banking Systems in CESEE Click for more

Resident Representative for Latvia

David Moore
Resident Representative in Latvia
Valnu iela 3
LV-1050 Riga
Tel: +371 6771 5999
E-mail: RR-LVA@IMF.ORG

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