Latvian central bank tells govt to cut deficit

LATVIA - The Latvian central bank said on Apr 11 that the government should use an expected economic expansion to cut the 2001 budget deficit, instead of amending its spending plans which will increase the gap between revenue and expenditure.

Central bank head Einars Repse told a news conference the government's plans to amend the 2001 budget would increase the fiscal deficit to 2.2 percent of gross domestic product from 1.75 percent planned earlier.

Latvia's 2000 fiscal deficit stood at a

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: