Finance minister defends anti-inflation plan

  • 2007-04-04
  • Interview by Talis Saule Archdeacon
The Ministry of Finance has recently come out with a multi-tiered plan to rein in Latvia's dizzying consumer price rises. The plan also includes measures to implement a deficit-free budget and prevent a "hard-landing" 's growth dropping to nearly zero. A number of major international banks and moneylenders have praised the plan as a step in the right direction, but at the same time criticized it for being too little, too late. The Baltic Times met with Finance Minister Oskars Spurdzins to find out the real deal behind the plan and his response to these criticisms. On the subject of the budg...
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