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International Internet Magazine. Baltic States news & analytics Monday, 23.05.2022, 05:44

IMF wants agreement document signed by all coalition parties in Latvia

Nina Kolyako, BC, Riga, 23.07.2009.Print version
Reliable sources tell LETA that the International Monetary Fund (IMF) has stipulated that the loan agreement document must be signed by all ruling coalition parties in Latvia, thereby showing their resolve to implement it.

The text of the document is being coordinated today, but at this time it is unclear whether the sides have come to agreement on those goals that must be met by the Latvian government in order to receive any further IMF loan.


Finance Ministry Communications Department Director Diana Krampe had only these words for LETA: "The IMF and European Commission's review mission continues."


Liga Krapane, the prime minister's press secretary, said that there are no meetings today in the Cabinet of Ministers, and right now it is unclear when the negotiations could conclude. It is clear, however, that the matter will be discussed at the ruling coalition's meeting that could be called "quite soon."

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