Investor Presentaiton
SUSTAINABLE ECONOMIC TRANSFORMATION
Latest developments
On May 31, the Parliament elected foreign minister Mr. Edgars Rinkēvičs as a new President of Latvia
On September 15, on September 15, the Saeima gave a vote of confidence to the new Cabinet of Ministers headed by Prime Minister Evika Siliņa
Main priorities of the new government are:
✓ prosperity;
✓ security and national defence;
✓ promoting the sense of belonging of the Latvian population.
Strengths
MAIN UNDERTAKINGS
1
Flexible, resilient economy despite external shocks
Keep core
inflation under
control avoiding
recession
2
Investment and export driven economic growth
Inflation
Defence
3
Prudent fiscal management in pre-COVID years
providing fiscal capacity to absorb external
shocks
4
5
6
7
Well-capitalized and liquid banking sector, with
tight AML/CFT regime
Good progress made to diversify sources of energy
supply and ensure energy security. Limited
energy dependence from Russia
NATO membership provides a security guarantee
and defence co-operation to defer potential
external aggression
Continue structural
transformation of the
economy (inc.EU
funds, Recovery and
Resilience plan)
Economic
growth
Energy
security
Continue to increase the
military and defence
capabilities as part of
NATO membership
Continue to diversify
energy supply sources
and keep determined
transition to
sustainable energyView entire presentation