Moody’s releases latest outlook on Latvia’s economy
Photo: Finance Ministry of Latvia
International credit rating agency Moody’s has reaffirmed Latvia’s credit rating at A3 with a stable outlook, citing the country’s resilient economy and sound government policies. Despite anticipated increases in defense spending and moderate public debt, Moody’s highlights potential growth opportunities if public investments and reforms accelerate. However, external economic and geopolitical risks remain factors to watch.
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