Republic of Latvia: First and Second Reviews Under the Stand-By Arrangement and Request for a Waiver of a Performance Criterion-Staff Report; Staff Statement; News Brief on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Latvia

This paper focuses on the Republic of Latvia's First and Second Reviews Under the Stand-By Arrangement and a Request for a Waiver of a Performance Criterion. Latvia has continued to follow prudent macroeconomic policies. All performance criteria under the IMF-supported program have been observe...

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Bibliographic Details
Corporate Author: International Monetary Fund (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C International Monetary Fund 2002
Series:IMF Staff Country Reports Country Report No. 02/149
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Summary:This paper focuses on the Republic of Latvia's First and Second Reviews Under the Stand-By Arrangement and a Request for a Waiver of a Performance Criterion. Latvia has continued to follow prudent macroeconomic policies. All performance criteria under the IMF-supported program have been observed-except that the end-December 2001 fiscal deficit ceiling was exceeded by 0.2 percent of GDP because of local government budget overruns. Key financial sector indicators suggest no major vulnerabilities at this time. The current account deficit remains the main risk to Latvia's economy
Physical Description:1 Online-Ressource (59 p)
ISBN:1451824556
9781451824551

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