National Legislation

Fiscal Discipline Law
Government Fiscal discipline agreement. 14.12.2022

EU Legislation

Fiscal compact

Preventive arm REGULATION (EU) 2024/1263 of the European parliament and of the Council on the effective coordination of economic policies and on multilateral budgetary surveillance and repealing Council Regulation (EC) No 1466/97. (In force from 29.04.2024).
Corrective arm COUNCIL REGULATION (EU) 2024/1264 amending Regulation (EC) No 1467/97 on speeding up and clarifying the implementation of the excessive deficit procedure. (In force from 29.04.2024).
Council Directive (EU) 2024/1265 amending Directive 2011/85/EU on requirements for budgetary frameworks of the Member States. (In force from 29.04.2024).
Regulation (EU) No 1173/2011 of the European Parliament and of the Council on the effective enforcement of budgetary surveillance in the euro area.
Regulation (EU) No 1174/2011 of the European Parliament and of the Council on enforcement measures to correct excessive macroeconomic imbalances in the euro area.
Regulation (EU) No 1175/2011 of the European Parliament and of the Council amending Council Regulation (EC) No 1466/97 on the strengthening of the surveillance of budgetary positions and the surveillance and coordination of economic policies.
Regulation (EU) No 1176/2011 of the European Parliament and of the Council on the prevention and correction of macroeconomic imbalances.

EU regulation that lapsed after the reform of the EU fiscal governance framework

Preventive arm Council Directive 2011/85/EU on requirements for budgetary frameworks of the Member States. (In force until 28.04.2024)
Corrective arm  Council Regulation (EC) No 1467/97 on speeding up and clarifying the implementation of the excessive deficit procedure. (In force until 28.04.2024).

Fiscal discipline council legal acts

Memorandum of Understanding with the Ministry of Finance, signed on 8.02.2016, with amendment from 29.07.2016 and with amendment from 19.06.2018.

Council self-assessment on Organisation for Economic Co-operation and Development guidelines for independent fiscal institutions. 9.02.2016.

The Non-conformity report procedure of the Fiscal discipline law. 9.02.2016.

Council procedure. 1.12.2015.
Council remuneration rules (available in Latvian). 11.12.2015. Remuneration principles summary.
Council Ethics code. 18.09.2015. Council Ethics code statute and Ethics committee order available in Latvian.
Council operational strategy for 2019-2021. 20.09.2018.
Council communication strategy 2022-2026. 11.01.2022

Council current year budget available here.
Council budget 2024 
Council budget 2023
Council budget 2022 
Council budget 2021 
Council budget 2020 
Council budget 2019  
Council budget 2018 
Council budget 2017 
Couoncil budget 2016

Fiscal discipline council public annual reports

Council public annual report 2022 (available in Latvian) with annex
Council public annual report 2021 (available in Latvian) with annex
Council public annual report 2020 (available in Latvian) with annex
Council public annual report 2019 (available in Latvian) with annex
Council public annual report 2018 (available in Latvian)
Council public annual report 2017 (available in Latvian). 
Council public annual report 2016 (available in Latvian). 
Council public annual report 2015 (available in Latvian). 
Council public annual report 2014 (available in Latvian).