The Council recommends implementing and monitoring well-conceived reforms in the health care sector 9 February 2017
A Fiscal discipline council meeting took place on 9 February 2017. The meeting was attended by representatives from the Ministry of Finance, who informed Council members about the latest macroeconomic forecasts that will be used when preparing Latvia’s Stability programme 2017-2020.
After the presentation by the Ministry of Finance, Council members discussed several aspects of the forecasts, primarily real GDP growth, the inflation forecast and the most important risks that can impact Latvia’s economic development. The Council will submit its opinion on the macroeconomic forecasts prepared by the Ministry of Finance no later than 17 February.
Questions relating to public expenditure on health care were also addressed during the meeting. Special attention was paid to the long-term financing needs of the health care sector.
The Latvian government has received permission from the European Commission to increase the deficit target in order to implement structural reforms in health care. It is crucial that the implementation of these reforms and their impact on public health are closely monitored. It is also important for the government to develop a fiscally sustainable long-term approach to the provision of public health care that would allow the government to meet the expenditure needs of the health care sector after 2019, when the European Commission’s permission no longer applies, argues Council Chairman Jānis Platais.
The Council’s opinion on the additional funds granted to the health care sector is available here.