Latvia's Economic Response to Covid-19
Key Events in 2020/2021
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From March 19, 2020 number of measures to limit the spread of Covid-19 and to mitigate consequences to
economy have been adopted by the Government. Total Covid-19 related support provided in 2020 and
approved measures as of today for 2021 is 3.9 billion EUR
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On April 30, 2020 the Cabinet of Ministers approved the Latvia's Stability Programme for 2020-2023
On October 9, Fitch affirmed long-term foreign currency sovereign credit ratings at the 'A-' level, revising
outlook to stable
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On December 2, the Saeima adopted the Law on the State Budget for 2021, the Law on Medium-Term Budget
Framework for 2021, 2022 and 2023
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On December 28, 2020 the vaccination against Covid-19 was launched in Latvia. The first vaccines got the
healthcare professionals and to the Emergency Medical Service professionals
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On February 5, 2021 the website <<manavakcina.lv» became operational, where every inhabitant of Latvia
can apply for a vaccine against Covid-19
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On February 9, 2021 the Cabinet of Ministers approves the strategy for Latvia's long-term coexistence with
Covid-19
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On February 12, 2021 S&P affirms foreign currency issuer rating to the level A+ with outlook: StableView entire presentation