On Friday, April 4, Minister of Finance Arvils Ašeradens met with Sigrun Rawet, Executive Director of the Nordic-Baltic Constituency at the World Bank, to discuss current challenges facing the World…
Over a period of five days in the autumn of 2024, the Nordic-Baltic Stability Group (NBSG ) conducted a financial crisis simulation exercise across its 8 member countries. The goal of the exercise…
On Tuesday, March 25, the Cabinet of Ministers approved a draft order prepared by the Ministry of Finance regarding the preparation schedule for the draft law “On the State Budget for 2026 and the…
On Wednesday, 13 November, the Ambassador of the Swiss Confederation to Latvia Mr Martin Michelet, and the Deputy State Secretary for European Union (EU) Funds at the Ministry of Finance, Mr Armands…
On Tuesday, 12 November, Laurence Mortier, Head of Swiss Contribution to EU Member States at the State Secretariat for Economic Affairs, and Armands Eberhards, Deputy State Secretary for European…
From October 28th to November 1st, the European Union (EU) Funds Audit Department of the Ministry of Finance of Latvia as Anti-Fraud Coordination Service (AFCOS) hosted colleagues from the Economic…
Washington, D.C., October 24, 2024 — Latvia has announced a record early financial commitment to the International Development Association (IDA), the World Bank’s fund for low-income countries. This…
On Monday, 14 October, the Cabinet approved the draft law on the State budget 2025 and the budgetary framework for 2025, 2026 and 2027. The consolidated national budget revenue for 2025 is planned in…
Thursday, 26 September, the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of the Treasury published a statement withdrawing the draft decision of 16 February 2018 against joint…
The Nordic Baltic financial stability authorities have in the recent days virtually convened to manage a hypothetical financial crisis in the Nordic Baltic region involving three fictitious financial…
