Bloomberg News

Latvia Increases 2012 Economic-Growth Forecast to 4 Percent

July 03, 2012

Latvia increased its 2012 economic- growth forecast to 4 percent from an earlier 2 percent estimate, citing higher-than-expected tax revenue.

The economy will expand 3.7 percent next year and 4 percent in 2014 and in 2015, the Finance Ministry, based in the capital, Riga, said today in an e-mailed statement.

To contact the reporter on this story: Aaron Eglitis in Riga at

To contact the editor responsible for this story: Balazs Penz at

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