The Bank of Latvia encourages the Government to draw up the state budget for the next year so as to keep the deficit below 2.0% of GDP. In case tax revenues grow in excess of projections, the expenditures, which are not included in the next year's budget, could be revised.
Klaas Knot: Rebuilding resilience - the financial system after the Covid crisis Keynote address by Mr Klaas Knot, President of the Netherlands Bank, before the International Symposium of the National Association for Business Economics, 11 May 2021. * * * It’s an honor to speak at this International Symposium of the National Association for Business Economics.