01799cas a2200241 a 4500 AALejournalIMF016865 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498304467 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Republic of Latvia : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Latvia. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (57 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 key issues related to the economy of Latvia. Growth picked up somewhat last year despite a weak external environment. GDP growth rose to 2.7 percent, up about u percent over the previous year. However, growth is expected to slow slightly in 2016 to 2 1\2 percent. While Latvia continues to make steady economic progress, a key challenge will be to generate the growth necessary to sustain the pace of income convergence with Western Europe. Structural reforms will be required to improve state-owned enterprise governance and strengthen the business environment, upgrade public infrastructure, and modernize legal systems. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/171 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/171/002.2016.issue-171-en.xml IMF e-Library