UID:
edoccha_9960178066802883
Format:
1 online resource (57 p.)
ISBN:
1-4983-0526-1
,
1-4983-0576-8
Series Statement:
IMF Staff Country Reports
Content:
This paper focuses on the key issues related to the economy of Latvia. Growth picked up somewhat last year despite a weak external environment. GDP growth rose to 2.7 percent, up about ¼ percent over the previous year. However, growth is expected to slow slightly in 2016 to 2½ percent. While Latvia continues to make steady economic progress, a key challenge will be to generate the growth necessary to sustain the pace of income convergence with Western Europe. Structural reforms will be required to improve state-owned enterprise governance and strengthen the business environment, upgrade public infrastructure, and modernize legal systems.
Additional Edition:
ISBN 1-4983-0446-X
Language:
English
