On Thursday, May 28, the Saeima expressed its confidence in the newly formed Cabinet of Ministers led by Andris Kulbergs, and Māris Kučinskis will take office as Minister of Finance, replacing the…
On Friday, May 8, the fourth and penultimate payment from the Recovery and Resilience Facility (RRF) - amounting to 371.2 million euros - was received into the state budget at the Latvian high-tech…
On Monday, April 27, 2026, Japanese credit rating agency R&I has affirmed Latvia's credit rating at A level with stable outlook. Agency notes that Latvia`s credit rating level and stable outlook…
On Friday, April 24, 2026, Fitch Ratings (Fitch) affirmed Latvia's credit rating at A- with stable outlook. According to Fitch`s view Latvia's rating level reflects a credible policy framework,…
Lithuania's Minister of Finance Kristupas Vaitiekūnas, Poland's Minister of Finance and Economy Andrzej Domański, Estonia's Minister of Finance Jürgen Ligi and Latvia's Minister of Finance Arvils…
On Tuesday, April 14, the Cabinet of Ministers (CM) reviewed the Ministry of Finance’s (MF) semi-annual report on current developments regarding European Union (EU) Cohesion Policy funds and foreign…
On Tuesday, March 24, the Cabinet of Ministers endorsed a fiscally neutral draft law prepared by the Ministry of Finance (MoF) to reduce the excise tax on diesel fuel in order to mitigate the impact…
On Thursday, February 26, the Ministry of Finance (MoF) submitted a draft law on the improvement of the local government finance equalization (LFE) system to the Government for consideration,…
On Thursday, February 26, the Ministry of Finance (MoF) submitted an informational report to the Cabinet of Ministers (CoM) for consideration, proposing to transfer the functions of licensing and…
On Wednesday, February 25, the Ministry of Finance (MoF) submitted an informational report to the Cabinet of Ministers titled “On Proposals for Capital Market Development and State and Local…