On Monday, January 30, Japanese credit rating agency R&I changed Latvia`s credit rating outlook to positive from stable. R&I has affirmed the Foreign Currency Issuer Rating at BBB+.
On Tuesday, 10 January, the Cabinet of Ministers approved the Latvian Anti-Fraud Coordination Service (AFCOS) operational strategy of the Ministry of Finance (MoF). It provides that the public administration institutions involved in the AFCOS network will unitedly fight against fraud in the field of the European Union (EU) funds, thereby increasing efficiency of protection of interests of the EU taxpayers.
Minister of Finance, Dana Reizniece-Ozola, has been recognised as the best Minister of Finance of 2017 in the European region. The high rating has been granted by the international business and financial publication The Banker by appreciating the work done for stabilisation of the financial situation of Latvia and promotion of growth.