Mr. Vjaceslavs Dombrovskis:

The short answer is that when the crisis struck, in our case there had been an almost instantaneous fall in the public budget revenues by about one third. The initial levels of deficit were in the region of about 10%. We were lucky to have some very good friends so we got the rescue package from the IMF but most important from the European Union, a good example of the all for one, of which the euro package was about one third of our GDP which was an unprecedented and remarkable rescue package that we have received and which made this adjustment possible for us. The budget deficit for the next year is planned to be 1.4% of GDP.