A discussion led by experts from the Bank of Latvia examines the country's debt dynamics and the role of government debt in stimulating economic activity during downturns.
The discussion is part of a series organized by the Bank of Latvia, featuring economist OΔΌegs TkaΔevs, who will provide insights into Latvia's debt dynamics. The panel will include elected deputies from various political factions in the Saeima (the Latvian Parliament), as well as representatives from the Bank of Latvia, the Fiscal Discipline Council, and other organizations. They will discuss the implications of the latest research conducted by the Bank of Latvia regarding government debt and its impact on economic strategies.
Key questions addressed during the dialogue will focus on whether government debt can serve as a tool for implementing stimulating measures, particularly during periods of economic downturn. Participants will explore scenarios where restrictive budget policies are necessary and the potential consequences these policies could have on the wider economy. The diversity of political views within the panel is expected to enrich the discussion, allowing for a range of perspectives on fiscal discipline and economic resilience.
This discussion is particularly significant as it comes at a time when many countries are grappling with debt management amidst economic challenges. The findings from the conversation may influence future government policies in Latvia regarding fiscal discipline, investment, and economic recovery strategies, highlighting the need for a balanced approach in managing national debt while stimulating growth.
