01699cas a2200241 a 4500 AALejournalIMF002052 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451824551 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Republic of Latvia : First and Second Reviews Under the Stand-By Arrangement and Request for Waiver of a Performance Criterion. Washington, D.C. : International Monetary Fund, 2002. 1 online resource (59 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper focuses on the Republic of Latvia's First and Second Reviews Under the Stand-By Arrangement and a Request for a Waiver of a Performance Criterion. Latvia has continued to follow prudent macroeconomic policies. All performance criteria under the IMF-supported program have been observed-except that the end-December 2001 fiscal deficit ceiling was exceeded by 0.2 percent of GDP because of local government budget overruns. Key financial sector indicators suggest no major vulnerabilities at this time. The current account deficit remains the main risk to Latvia's economy. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2002/149 Full text available on IMF http://elibrary.imf.org/view/journals/002/2002/149/002.2002.issue-149-en.xml IMF e-Library