Portrait of an Ascending Sovereign Credit
Key Events in 2021
7
1
On April 13, 2021 the Cabinet of Ministers approved the Latvia's Stability Programme for 2021 2024
-
8
2
On May 14, 2021 Moody's affirmed long-term foreign currency sovereign credit ratings at the A3 level with
Stable outlook
7
3
On May 19, 2021 Financial Sector Signs Memorandum of Understanding to Improve Sustainability. Finance
Latvia, the Financial and Capital Market Commission, the Bank of Latvia, Nasdaq Riga, the Latvian Leasing
Association and the Latvian Insurers Association have agreed to collaborate to promote public understanding of the
meaning and principles behind sustainability and sustainable finance
4
On May 27, 2021 the Parliament adopted covered bond law
5
On August 13, 2021 S&P affirmed foreign currency issuer rating ar A+ level with Stable outlook
6
On September 3, 2021 Fitch affirmed long-term foreign currency sovereign credit ratings at the A-level
with Stable outlook
From 11 October, 2021 an emergency situation is declared in Latvia for three months in order to stop the
rapid spread of Covid-19 infection
On November 12, 2021 in total 1 097 409 (around 66% of total population 12 years and older) inhabitants
of Latvia have been fully vaccinated
On 23 November, 2021, the Saeima adopted the Law on the Budget for 2022 and Medium-Term Budget
Framework for 2022-2024View entire presentation