In a recent analysis of the Moneyval report, Latvian economists highlighted the country's achievements in reducing the risks associated with money laundering and terrorism financing. This report, published by the Council of Europe, serves as a critical assessment of Latvia's progress and may assist in restoring the reputation of its financial system. Leading economist at SEB bank, Dainis Gašpuitis, noted that this favorable assessment arrives as a positive development, particularly given the resources invested to meet the standards set by the report.

Gašpuitis emphasized that the benefits of a positive evaluation should not be misconstrued as immediate economic gains or a surge in investments. Instead, he pointed out that while the assessment improves Latvia's reputation, it is primarily a reputational matter, acting as a signal to international partners. The learned experiences from other countries suggest that the most substantial impacts often arise in the event of negative assessments, reinforcing the importance of maintaining a positive standing in international finance.

Ultimately, economists are cautiously optimistic about the implications of the Moneyval report. They acknowledge that although the ratings granted are beneficial, translating this into concrete economic advantages requires strategic actions by Latvia to leverage this assessment effectively in the eyes of global investors and partners, thus ensuring that the potential for recovering its financial stature is realized through proactive measures.