Republic of Latvia : Request for Stand-By Arrangement; Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Latvia.

This paper discusses a request from the Republic of Latvia for a Stand-By Arrangement. The Latvian authorities are launching a decisive economic reform program and are seeking substantial international financial assistance to quell the crisis. With international reserves falling precipitously and re...

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Bibliografiska uppgifter
Institutionell upphovsman: International Monetary Fund
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2009.
Serie:IMF Staff Country Reports; Country Report ; No. 2009/003
Länkar:Full text available on IMF
Beskrivning
Sammanfattning:This paper discusses a request from the Republic of Latvia for a Stand-By Arrangement. The Latvian authorities are launching a decisive economic reform program and are seeking substantial international financial assistance to quell the crisis. With international reserves falling precipitously and reserves barely covering base money, the authorities are now seeking IMF assistance under the emergency financing procedures. The proposed IMF-supported program is part of a coordinated international effort. The program is centered on maintaining Latvia's exchange rate peg through strong domestic policies and substantial international financial assistance.
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Fysisk beskrivning:1 online resource (102 pages)
Materialtyp:Mode of access: Internet
ISSN:1934-7685
Tillgång:Electronic access restricted to authorized BRAC University faculty, staff and students