Fiscal council 7 February meeting issues  7 February 2019

Council meeting was held on 7 February 2019 in which the leading macroeconomic and fiscal policy experts of the Ministry of Finance participated. At the meeting were discussed the tax reform impact as one-off measure, as well as the most recent Latvia's macroeconomic forecasts, which will be the basis for the Latvia's Stability Programme 2019-2022.

According to the Memorandum of understanding between the Council and the Ministry of Finance forecasts endorsement and a decision is made within two weeks. Council envisages the press briefing on 15 February.

The content of the surveillance report for budget 2019, e.g. tax reform impact, budget deficit practice, and fiscal risks statement assessment, were also discussed.