on the Republic of Latvia:
January 23, 2013
July 11, 2012
December 21, 2011
May 25, 2011
July 21, 2010
Article IV Staff Reports
Financial Sector Assessment Program
Projected % Change
Source: World Economic Outlook (October 2013)
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 March 10, 2014
|The last Article IV Executive Board Consultation was on January 23, 2013. Listed below are items related to the Republic of Latvia, in reverse chronological order (you can also view items by category).
|May 28, 2009 -- IMF Survey: Latvia Caught in Vicious Economic Downturn|
Latvia is in a deep recession, with the economy projected to contract this year by more than 15 percent. Plunging revenues are opening up a wide fiscal gap, which the new government is trying to plug. Mark Griffiths and Christoph Rosenberg talk about the huge challenges that face Latvia today.
|May 07, 2009 -- Transcript of a Press Briefing by David Hawley, Senior Advisor, External Relations Department, International Monetary Fund|
|April 25, 2009 -- IMFC Statement by H.E. 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: 479Kb
|April 24, 2009 -- Transcript of a Press Conference on European Outlook by Marek Belka, Director of the IMF's European Department with Ajai Chopra, Deputy Director of the European Department, and Anne-Marie Gulde-Wold, Senior Advisor in the European Department|
|April 24, 2009 -- IMF Survey: Financial Sector Key to European Recovery: IMF|
While there is room for cautious optimism that Europe’s economy will turn the corner in mid-2010, the financial sector holds the key to recovery and governments must act more forcefully to clean up banks, Marek Belka, head of the IMF’s European Department, says.
|April 17, 2009 -- Republic of Latvia: Stand-By Arrangement - Interim Review Under the Emergency Financing Mechanism|
Series: Country Report No. 09/125
|April 15, 2009 -- IMF Survey: Inflexible Budget Curbs Options as Estonia Faces Recession|
Estonia is experiencing a severe economic downturn brought on by mounting internal and external imbalances, and worsened by the global slowdown. The task for policymakers now is to reestablish the basis for balanced economic growth, external sustainability, and adoption of the euro.
|March 26, 2009 -- Press Briefing by Caroline Atkinson, Director, External Relations Department, International Monetary Fund|
|January 29, 2009 -- 10 Years of the Euro: A Perspective from the IMF, by Sean Hagan at the European Central Bank in Frankfurt|
|January 14, 2009 -- IMF Survey: IMF Helping Counter Crisis Fallout in Emerging Europe|
The financial crisis has hit Europe hard. In an interview, IMF European Department head Marek Belka talks about Europe's prospects for recovery and the principles that guide the Fund as it seeks to help Europe's emerging economies counter the fallout of the crisis.
|January 09, 2009 -- Republic of Latvia: Request for Stand-By Arrangement - Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Latvia|
Series: Country Report No. 09/3
|December 23, 2008 -- Press Release: IMF Executive Board Approves €1.68 Billion (US$2.35 Billion) Stand-By Arrangement for Latvia|
|December 19, 2008 -- Press Release: IMF Announces Staff-Level Agreement with Latvia on a €1.7 Billion Stand-By Arrangement as Part of Coordinated Financial Support|
|December 19, 2008 -- IMF Survey: IMF Set to Lend $2.4 Billion to Latvia|
The IMF announces plans to lend $2.4 billion to Latvia to support the country's ambitious plan for stabilizing the economy. The loan is subject to final approval but could be discussed before year-end under the IMF's fast-track emergency financing procedures.
|December 07, 2008 -- Press Release: IMF Statement on Latvia|
|December 04, 2008 -- Transcript of Regular Press Briefing by Caroline Atkinson, Director, External Relations Department|
|November 21, 2008 -- Statement by IMF Managing Director Strauss-Kahn on Latvia|
|October 11, 2008 -- IMFC Statement by Stefan Ingves, Governor, Sveriges Riksbank|
On behalf of: Denmark, Republic of Estonia, Finland, Iceland, Republic of Lithuania, Republic of Latvia, Norway, Sweden. PDF File Size: 365Kb
|April 12, 2008 -- IMFC Statement by the Honourable Statement by Anders Borg, Minister of Finance of Sweden|
On behalf of: Denmark, Republic of Estonia, Finland, Iceland, Republic of Lithuania, Republic of Latvia, Norway, Sweden. PDF File Size: 355Kb
|April 01, 2008 -- Current Account Developments in New Member States of the European Union: Equilibrium, Excess, and EU-Phoria|
Author/Editor: Rahman, Jesmin
Series: Working Paper No. 08/92