Fiscal risks working group

The Fiscal Risks Working Group is one of two main working groups of the Fiscal Council and comprises the following members of the Council – Ingars Eriņš, Andžs Ūbelis and Jānis Platais (chair).

The working group reviews the government statement of the fiscal risks accompanying the draft annual budget and the budget framework laws as well as looks into broader issues of the fiscal stance and compliance with the FDL. The working group also assesses if the Fiscal Safety Reserve allocation has been sufficient to counter the probability of fiscal risks happening during the fiscal year.

The working group may engage experts to ensure that there is adequate analysis for the assessment of various fiscal risks. 

2018
A meeting of the Fiscal Risks Working Group of the Fiscal Discipline Council took place on 31 January 2017. The meeting was attended by representatives from the Ministry of Finance. During the meeting, discussions were held on the calculation of the expenditure benchmark and the improvements needed in the assessment of the public-private partnership fiscal risk. The working group welcomed the information provided by the Ministry of Health on the progress report on the reform of the health care system, while maintaining a further monitoring of the use of funding for the deficit deviation. Discussions were also held on the political party's fiscal responsibility survey. Meeting minutes draft.

2017
31 January 2017 meeting  minutes.
17 May 2017 meeting minutes.

2016
1 February 2016 meeting minutes.
11 May 2016 meeting minutes.

2015
31 March 2015 meeting minutes available in LatvianReplies by institutions and summary (both available in Latvian).
26 August 2015 meeting minutes.
11 November 2015 meeting minutes.

2014
7 October 2014 meeting minutes available in Latvian.
27 October 2014 meeting minutes available in Latvian.

 

Last modified : 21 February 2018