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

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

June 16, 2016

Electronic Access:

Free Full text (PDF file size is 1750 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper focuses on the key issues related to the economy of Latvia. Growth picked up somewhat last year despite a weak external environment. GDP growth rose to 2.7 percent, up about ¼ percent over the previous year. However, growth is expected to slow slightly in 2016 to 2½ percent. While Latvia continues to make steady economic progress, a key challenge will be to generate the growth necessary to sustain the pace of income convergence with Western Europe. Structural reforms will be required to improve state-owned enterprise governance and strengthen the business environment, upgrade public infrastructure, and modernize legal systems.

Series:

Country Report No. 16/171

Subject:

English

Publication Date:

June 16, 2016

ISBN/ISSN:

9781498304467/1934-7685

Stock No:

1LVAEA2016001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

57

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