Republic of Latvia: 2022 Article IV Consultation-Press Release and Staff Report
August 23, 2022
Preview Citation
Format: Chicago
Republic of Latvia: 2022 Article IV Consultation-Press Release and Staff Report, (USA: International Monetary Fund, 2022) accessed November 14, 2024
Summary
The economy fared relatively well during the pandemic, but the war in Ukraine is another major shock. The key vulnerabilities are Latvia’s significant reliance on imported gas from Russia until recently, the impact of high international energy prices on inflation and economic activity, and refugee inflows. Thus far, almost 33,000 refugees have entered Latvia. Parliamentary elections later this year may put pressure on the government budget.
Publication Details
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Pages:
64
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Volume:
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DOI:
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Issue:
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Series:
Country Report No. 2022/277
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Stock No:
1LVAEA2022001
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ISBN:
9798400218163
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ISSN:
1934-7685