Public procurement represents one of the most significant state financial flows – in 2025, more than 12 thousand procurements were announced and over 25 thousand contracts were concluded in Latvia,…
The public procurement system reform in Latvia envisages a significant transformation of the system, centered on transparency, traceability, and the strengthening of public trust. Given that public…
The Ministry of Finance (MoF) invites the public to use the available digital tools to explore and understand how the 2026 state budget funds are planned and invested. This year's budget is a budget…
On Friday, January 16, 2026, the international credit rating agency Moody's affirmed Latvia's credit rating at A3 level, maintaining a stable outlook. “Latvia has a stable credit rating, and Moody’s…
Two-thirds (66%) of Latvian residents surveyed consider European Union (EU) fund investments in Latvia to be successful overall, according to the latest study conducted by the market and social…
On Thursday, 4 December, Saeima adopted the State Budget for 2026 in its second and final reading. The budget confirms the government’s commitment to building a safe, socially responsible and…
On Thursday, November 27, the Ministry of Finance prepared a draft order on the nomination of Mārtiņš Kazāks, President of the Latvijas Banka and member of the Governing Council of the European…
On Thursday, November 27, Finance Minister Arvils Ašeradens met with Lithuanian Finance Minister Kristupas Vaitiekūnas to discuss the macroeconomic situation in both countries, cooperation in…
On Wednesday, November 26, Finance Minister Arvils Ašeradens met with Brian John Szwarc, Canada's Ambassador Extraordinary and Plenipotentiary to the Republic of Latvia, and representatives of Export…
On Wednesday, November 26, Finance Minister Arvils Ašeradens met with Christopher Robinson, US Ambassador Extraordinary and Plenipotentiary to the Republic of Latvia to discuss cooperation between…
