The Fiscal discipline council, for the first time in Latvia, has conducted a survey of Latvia's largest parties on the fiscal impact of their pre-election promises before the forthcoming Saeima elections. The Council has founded that political parties express a responsible attitude towards the public finances.

On 11 June 2018, in Rīga, at EU house, the Baltic-Nordic independent fiscal institutions for the fourth time. At their annual meeting each institution has shared their topical issues and received immediate and valuable comments from their colleagues of the neighbouring countries. 

Fiscal sustainability refers to the ability of a government to maintain its current revenue and expenditure policies, without failing to meet its commitments and obligations, or leading to an unmanageable growth of public debt. Analysis conducted this year indicates that both the provision of public services and public debt service will create challenges.

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The Fiscal discipline council, for the first time in Latvia, has conducted a survey of Latvia's largest parties on the fiscal impact of their pre-election promises before the forthcoming Saeima elections. The Council has founded that political parties express a responsible attitude towards the public finances.

 

Why people should not be indifferent to the public debt, how it affects our daily lives, and why the borrowed money should be taken with the responsibility - these and other issues related to the public debt will be opened for the discussion at this year's Lampa conversation festival at the panel organised by the Fiscal discipline council.

On 12 June 2018 this year's second GDP working group meeting was held with participation of the Bank of Latvia experts. Working group discussed the trends in the macroeconomic development of Latvia, incl. financial sector non-resident banks and labor market issues. 

Council meeting was held on 12 June 2018 in which the experts of the European Court of Auditors and the Ministry of Finance participated.

On 11 June 2018, in Rīga, at EU house, the Baltic-Nordic independent fiscal institutions for the fourth time. At their annual meeting each institution has shared their topical issues and received immediate and valuable comments from their colleagues of the neighbouring countries.

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