Fiscal risks working group invited to quantify also fiscal risks of state owned enterprises  9 May 2018

A meeting of the Fiscal Risks Working Group of the Fiscal Discipline Council took place on 9 May 2018. Representatives from the Cross-Sectoral Coordination Centre (on the issue of fiscal risks of state-owned capital enterprises), from the Ministry of Economics and JSC Latvenergo (on the fiscal impact of the mandatory procurement component) and from the Ministry of Finance (on the issue of "comply or explain principle").

During the meeting the information was received about the risk management mechanisms, and the discussion continued on the quantification of these fiscal risks in the fiscal risk declaration (currently, the fiscal risk of SOE is classified as qualitative fiscal risk).