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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

Fiscal Policy 22/01/2018

In accordance with the requirements of Council Directive 2011/85/EU[1] of 8 November 2011 (Chapter II Article 3.2) on budgetary frameworks of the Member States that requires Member states to publish relevant fiscal data and reconciliation table.

“2. Member States shall ensure timely and regular public availability of fiscal data for all sub-sectors of general government as defined by Regulation (EC) No 2223/96. In particular Member States shall publish:

(a) cash-based fiscal data (or the equivalent figure from public accounting if cash-based data are not available) at the following frequencies:

  • monthly for central government, state government and social security sub-sectors, before the end of the following month, and
  • quarterly, for the local government sub-sector, before the end of the following quarter;

(b) a detailed reconciliation table showing the methodology of transition between cash-based data (or the equivalent figures from public accounting if cash-based data are not available) and data based on the ESA 95 standard.”

 

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2018                
2017
2016
2015
2014

Data on contingent liabilities and potential obligations is published in accordance with Council Directive 2011/85/EU1 of 8 November 2011 Chapter VI Article 14.3:

“3. For all sub-sectors of general government, Member States shall publish relevant information on contingent liabilities with potentially large impacts on public budgets, including government guarantees, non-performing loans, and liabilities stemming from the operation of public corporations, including the extent thereof. Member States shall also publish information on the participation of general government in the capital of private and public corporations in respect of economically significant amounts.”

Participation of general government sector in the capital of corporations

Non-performing loans of general government sector

Guarantees of general government sector

Liabilities of public corporations

Off-balance public-private partnerships

 

In case of any questions, please contact: fiskalie.dati@fm.gov.lv

[1] http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:OJ.L_.2011.306.01.0041.01.ENG

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CONTACTS

Tālrunis uzziņām: 67095405

Lietvedības tālrunis: 67095578

Fakss: 67095503

E-pasts: info@fm.gov.lv

Adrese: Smilšu iela 1, Rīga, LV-1919, Latvija

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