GDP working group expands discussions on the Latvia's potential GDP growth issues  2 February 2018

On 2 February 2018 Fiscal discipline council 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. business cycle issues. During the meeting there was discussed Latvia's potential GDP growth and its contributions, as well as the question on output gap among the current pace of economic development and the potential one. The topicality of the discussions of the working group was also determined by the annual endorsement procedure of the official macroeconomic forecasts of Latvia in the coming weeks in the framework of the elaboration of the Stability Programme.