Republic of Latvia : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Latvia

Publication Date: June 16, 2016
Electronic Access: Free Full text (PDF file size is 1,750KB).
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Summary: Macroeconomic conditions are broadly favorable: the output gap is almost closed; the fiscal and current account deficits are at sustainable levels; and unemployment continues to fall. Nevertheless, GDP growth has slowed recently, hampered by a weak external environment, diminishing productivity gains, and delays in EU funds absorption. Credit growth remains elusive, wage pressures have surfaced, and the gray economy remains pervasive.
Series: Country Report No. 16/171
Subject(s): Article IV consultation reports | Economic growth | Productivity | Fiscal policy | Fiscal reforms | Banking sector | Bank supervision | Economic indicators | Balance of payments statistics | Debt sustainability analysis | Staff Reports | Press releases | Latvia

Publication Date: June 16, 2016
ISBN/ISSN: 9781498304467/1934-7685 Format: Paper
Stock No: 1LVAEA2016001 Pages: 57
US$18.00 (Academic Rate:
US$18.00 )
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