Issues discussed by the Fiscal Council on the 13th of June 2019.  17 June 2019

Issues discussed by the Fiscal Council on the 13th of June 2019.

That day the Council held a regular meeting, where leading macroeconomy experts of the Ministry of Finance took part. They discussed the latest macroeconomic forecasts of Latvia, which will be used as the basis for 2020 state budget, as well as for 2020-2022 medium-term budgetary frameworks.

According to the agreement between the Council and the Ministry of Finance in co-operation, the review of the forecasts and the decision are to be made within two weeks. The Council will give its opinion on the forecasts after the Ministry of Finance publishes its forecasts.

Issues of technical provision of the Fiscal Discipline Council were also discussed at the meeting.