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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

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

P.: +371-67095405
F.: +371-67095503
E-mail: pasts@fm.gov.lv
info@fm.gov.lv

News

On Friday, 20 June, the international rating agency Fitch upgraded Latvia’s credit rating. Latvia’s sovereign credit rating for long-term liabilities in the local and foreign currency is upgraded from ‘BBB+’ to ‘A-’ with a stable outlook.

Moody's  Investors Service on Friday June 16 upgraded Latvia' s government bond rating by one notch to Baa1 from Baa2. The outlook of the rating is stable.

On Wednesday, 4 June, Minister for Finance Andris Vilks met with European Union (EU) Commissioner for Regional Policy Johannes Hahn.At the meeting, there have been currently topical issues about EU funds planning period 2014-2020 and Latvia’s priorities in the Cohesion Policy* during Latvia’s Presidency of the Council of the EU which will take place at the first half of 2015.

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