More people at risk of poverty – IMF report

  • 2012-02-15
  • By TBT Staff
RIGA - The IMF has warned that more people in Latvia are at risk of poverty in the organization’s fifth landmark report on the country.The report urged Latvia to improve its social safety net to help people avoid the risk of falling into poverty.“Latvia’s poverty rates remain among the highest in Europe, making the program’s emergency social safety net critical. According to Eurostat data, severely materially deprived people accounted for 27.4 percent of the population in 2010,” the IMF report said.Latvia experienced one of the world’s worst...
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