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).


Related Articles

  • Devaluation Still Likely Despite IMF Optimism.  // Emerging Europe Monitor: Central Europe & Baltic States;Mar2010, Vol. 17 Issue 3, p12 

    The article reports on the economic outlook for Latvia. It is expected that the country's pegged exchange rate will continue to make the headlines, with the International Monetary Fund (IMF) adopting a more upbeat outlook on the sustainability of the current exchange rate system. It is also...

  • Country Report: Latvia.  // Latvia Country Monitor;Oct2012, p1 

    The article offers country report on the economic and political growth and outlook from 2009 to 2016 in Latvia. It states that despite the country's economic resilience against the weaknesses in Europe has been stronger, the growth slows down in the second half of 2012. It mentions that the...

  • Latvia: Economy Still On Life Support.  // Emerging Markets Monitor;8/16/2010, Vol. 16 Issue 19, p15 

    The article reports on the stabilization of the economic conditions in Latvia in 2010. It projects the country's return to positive growth in 2011 depending on the financial support from the European Union (EU) and International Monetary Fund (IMF). It anticipates a 3.4 percent contraction in...

  • Country Intelligence: Report Latvia.  // Latvia Country Monitor;Jun2012, p1 

    The article offers an economic outlook of Latvia for 2012. It presents assumptions for the country's domestic economy mentioning the budget deficit ratio and consumer price inflation that will comply with Maastricht rules in 2013 and the implementation of the fiscal strategy in close...

  • Fighting To Stem Credit Growth.  // Emerging Europe Monitor: Central Europe & Baltic States;Jul2006, Vol. 13 Issue 7, p11 

    Offers an economic outlook for Latvia for 2006. Expected impact of a mild tightening in monetary conditions in 2006-2007 on the pace of loan growth; Importance of preventing inflation from becoming a chronic disease that would hamper the long-term development of the economy; Growth rate of bank...

  • Failing To Enter EM Major League.  // Latin America Monitor: Mexico Monitor;Aug2009, Vol. 26 Issue 8, p1 

    The article focuses on the anticipated failure of Mexico to be in the same category as pre-eminent emerging market (EM) economies as of 2009. It says structural weaknesses in the Mexican economy imply that the country is expected to be an underperformer, compared to EM economies. Mexico has...

  • LATVIA: RISK SUMMARY.  // Emerging Europe Monitor: Central Europe & Baltic States;May2011, Vol. 18 Issue 5, p12 

    The article offers information related to the political and economic risks, and business environment of Latvia in 2011 including the intention of Prime Minister Valdis Dombrovskis to join a competitiveness pact for the euro, the problem with growing pipeline pressures, and the negative impact of...

  • Gross External Debt To Fall.  // Emerging Europe Monitor: Central Europe & Baltic States;Jun2009, Vol. 16 Issue 6, p10 

    The article reports on an economic outlook for Estonia for 2009, particularly its debt. It is forecasted that gross external debt of the country will fall in the said period because of global deleveraging. In the private sector, businesses are reducing industrial output to adjust to lower...

  • Debt Relief A Silver Lining.  // Latin America Monitor: Caribbean Monitor;Sep2010, Vol. 27 Issue 9, p11 

    The article discusses the decision of the International Monetary Fund (IMF) on July 21, 2010 to cancel Haiti's external debt amounting to 268 million U.S. dollars. While this decision results to a positive development, it must also be noted that tentative reports reveal that foreign technical...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics