TITLE

Weak Demand To Keep C/A In Surplus

PUB. DATE
April 2011
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Apr2011, Vol. 18 Issue 4, p12
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article offers information on the outlook of the economy of Latvia in 2011-2012 based on the forecast of Business Monitor International (BMI) Ltd. It mentions that the current account surplus will remain because of lack of domestic demand and focus on exports. It states that the economic depression suffered by the country helps to eliminate double-digit current account deficit. It says that the economy is expected to expand in 2011 by 2.9%.
ACCESSION #
59972957

 

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