Fiscal Discipline Council: The impact of the Covid-19 crisis support measures on the state budget is critical

The impact of government support measures on the state budget in the Covid-19 crisis is already critical and will reach 2.1 billion euros or 6.8% of GDP this year. The Fiscal Discipline Council therefore calls on the government to remain fiscally responsible and to phase out support if the epidemiological situation allows. If new support instruments are to be introduced in the autumn, they must be proportionate, effective and well targeted.

The report summary is available here, the full report (in Latvian) is available here.

The archive with the previous reports is available here.