External Debt Set To Shrink

March 2009
Emerging Europe Monitor: Central Europe & Baltic States;Mar2009, Vol. 16 Issue 3, p11
Country Report
The article discusses an economic outlook for Latvia for 2009. It is forecasted that the gross external debt of the country will shrink in 2009 as the private sector comes under pressure to pay off its external liabilities. On the other hand, the country was given a 7.5 billion euros loan by the International Monetary Fund (IMF).


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