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Showing posts with label Latvia GDP drop could be more than 13 percent. Show all posts
Showing posts with label Latvia GDP drop could be more than 13 percent. Show all posts

Latvia GDP drop could be more than 13 percent

Latvias government is now basing its 2009 budget amendments on a drop in gross domestic product of at least 13 percent rather than the 12 percent fall previously forecast, the finance minister was quoted on Monday as saying. The centre-right coalition has to prepare budget amendments by June in order to make sure it gets the next tranche of funds from the International Monetary Fund.

Tuesday, April 7, 2009

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