The Fiscal Discipline Council points to risks that may increase the public debt
Currently, the economic development and the fiscal outcome are affected by geopolitical, macroeconomic and fiscal risks, the totality of which can reduce the growth of the Latvian economy, worsen the budget balance and increase the public debt. In the latest Monitoring report No. 22, the Fiscal Discipline Council (Council) explores the macroeconomic and fiscal developments of the country.
Summary of the Monitoring Report in English available here.
Full report in Latvian available here.