In accordance with Article 20(2) of the Fiscal Discipline Law, the Fiscal Discipline Council is responsible for endorsing the macroeconomic forecasts prepared by the Ministry of Finance.
On 12 February, the Council received the Ministry of Finance’s updated assessment of economic developments in 2025, as well as the macroeconomic forecasts for 2026–2030. These forecasts will serve as the basis for the preparation of the Fiscal-Structural Plan Progress Report for 2026–2030.
Following its assessment, the Council adopted a decision to endorse the macroeconomic forecasts prepared by the Ministry of Finance.
The Council’s opinion on the Ministry of Finance’s macroeconomic forecasts (in Latvian) is available here.