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Foreign investors offer advice on COVID-19 economic recovery

The influential Foreign Investors Council in Latvia (FICIL) has produced a document full of recommendations for policymakers on how to recover from the economic effects of the COVID-19 crisis.

"It is necessary to think about the sustainability of the country's long-term development, therefore the FICIL tactical work group of multidisciplinary experts has compiled recommendations for the state promoting competitiveness and restoring long-term economic development," a release said, adding that "by promoting comprehensive reforms, the country will become more competitive and the post-crisis economic recovery will be more successful."

The recommendations offered by FICIL cover 3 areas: human resources, infrastructure, and entrepreneurship.

A full presentation of the 14-pages of recommendations can be read in English online

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