Head of Economics Department Morten Hansen elected as Deputy Chair at the Latvian Fiscal Discipline Council
At its meeting on 17 December 2019, the Latvian Fiscal Discipline Council elected SSE Riga Head of Economics Department, Morten Hansen, as Deputy Chair of the Council.
Morten Hansen joined SSE Riga in 1997 and became Head of Economics Department in 2005. Ha has been a member of the Fiscal Discipline Council of Latvia since its inception in 2014.
The Fiscal Discipline Council has six members - three Council members are nominated by ten MPs, and three jointly by the Governor of the Bank of Latvia and the Minister of Finance.
The Fiscal Discipline Council is responsible for monitoring compliance with the Fiscal Discipline Law provisions during the preparation, execution and amendment of the State Budget Law and the medium-term budget framework. The Council provides Saeima with the annual fiscal discipline monitoring report, attaching it to the draft budget framework law. The Council also prepares opinions and annual reports on fiscal discipline.