Analytics, Economics, Financial Services, GDP, Latvia
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Tuesday, 09.06.2026, 13:01
IMF predicts Latvia's economic growth at 4% in 2013
BC, Riga, 13.05.2013.
Print version
Print versionStrong economic recovery is continuing in Latvia, and this year Latvia's economic growth is projected at about 4%, the International Monetary Fund mission representatives told a press conference in Riga today, informs LETA/Nozare.lv.
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At the same time, the IMF mission has concluded that there are risks that may pose threat to the economic growth of Latvia, and financial problems at the metallurgical company Liepajas metalurgs and state-underwritten loans for the company is one of such risks.
Shekhar Aiyar, IMF mission chief for Latvia, told the press conference that, from the macroeconomic standpoint, Latvia was in a good situation. Inflation and current account deficit are low and will remain so in the medium term, the IMF mission has concluded.
The IMF experts arrived in Latvia on May 7.
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