On Thursday, 19 February, the Saeima approved economist MSc.oec. Igors Kasjanovs as a member of the Fiscal Discipline Council. In accordance with Article 22 of the Fiscal Discipline Law, the Council…
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…
On 19 December, the Fiscal Discipline Council elected its member, Professor of Economics at the University of Latvia, Jānis Priede, as Chairman of the Council, with his term of office commencing on 1…
The Council is responsible for endorsing the macroeconomic forecasts prepared by the Ministry of Finance, in accordance with the scope of indicators set out in Article 20 of the Fiscal Discipline Law…
Responsible fiscal policy is crucial in times of heightened uncertainty Amid exceptionally high geopolitical tensions and escalating trade wars, the global economy faces significant risks — including…
Fiscal Discipline Council Highlights Significant Geopolitical Risks in State Financial Planning The Fiscal Discipline Council has approved the Ministry of Finance's macroeconomic forecasts for the…
Latvia, like several EU member states, is currently experiencing 'post-crisis syndrome,' with economic growth slower than anticipated. Despite challenging conditions, the government has developed an…
The Saeima on September 26 has reappointed University of Latvia Professor Inna Šteinbuka as a member of the Fiscal Discipline Council (FDC) for a new term. Council members are appointed for six-year…
The Council is responsible for approving macroeconomic forecasts of the MoF, in accordance with the scope of indicators defined in Article 20 of the Fiscal Disciplin Law. The Council has no…
The development of the public debt in the coming years shows a growing trend, and the interest payments on the public debt is also growing quite rapidly - from 0.8% of GDP in 2023 to 1.4% of GDP in…
