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The Ministry of Finance is the managing public administration institution in the finance sector

The Ministry forms the national tax policy, drafts the annual state budget, manages European Union structural funds, as well as monitors macroeconomic development of the state





Ministry of Finance
of the Republic of Latvia
1 Smilsu st., Riga
LV-1919, Latvia

P.: +371-67095405
F.: +371-67095503


London, February 19, 2015. – On Thursday, February 19, in London Finance Minister Janis Reirs opened a conference “Growth and long term financing of the European economy” about the necessity to restore sustainable growth and profitability of European businesses. In his speech, the Minister emphasized the most important pre-conditions for EU economic growth and the most significant activities to be carried out in this respect by the Latvian Presidency of the Council of the EU.

On 17 February, Latvian Finance Minister Jānis Reirs chaired the Meeting of the Economic and Financial Affairs Council where Ministers debated the proposal of establishing European fund for strategic investments, growth prospects and adopted EU budget guidelines for 2016.

Brussels, February 16, 2015 – On Monday, February 16, Finance Minister Janis Reirs led the macro-economic dialogue at political level in Brussels. At the meeting, the Minister noted that the year 2015 was the first year after the crisis when economic growth was forecasted in all European Union (EU) Member States. However, there are still risks that must be eliminated to speed up the growth.

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