Latvia Economic and Defence Update

36 INVESTMENT HIGHLIGHTS Latvia has previously shown a strong ability to recover rapidly and overcome external shocks thanks to its flexible and resilient economy and the government's ability to ensure swift policy-making in extraordinary situations Republic of Latvia Stable <<A>> Credit Ratings Flexible Economy with Investment and Export Driven Economic Growth Supportive Fiscal Policy and Gradual Return to <<Normality>> Low Government Debt Level Banks Well Capitalised and Liquid Good Progress in Ensuring Energy Security Member of NATO - the World's Strongest Military Alliance

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