Republic of Lithuania 2010 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Lithuania. [electronic resource] :
- Washington, D.C. : International Monetary Fund, 2010.
- 1 online resource (58 p.)
- IMF Staff Country Reports; Country Report ; No. 10/201 .
- IMF Staff Country Reports; Country Report ; No. 10/201 .
Lithuania experienced a severe output decline. A large consolidation contained the deterioration in the fiscal deficit and safeguarded market financing. Further fiscal consolidation is needed to place deficits and debt on a sustainable path. Tackling the deficit in the social security system and expanding the revenue base will achieve adjustment in a sustainable, pro-growth, and equitable manner. A sustained recovery also hinges on the ability of the economy to rebalance toward tradables. The rising level of unemployment makes it imperative to advance with structural reforms.
1455203793 : 18.00 USD
1934-7685
10.5089/9781455203796.002 doi
Debt
Deficit
External Debt
Interest Rate
Interest
Lithuania
Lithuania experienced a severe output decline. A large consolidation contained the deterioration in the fiscal deficit and safeguarded market financing. Further fiscal consolidation is needed to place deficits and debt on a sustainable path. Tackling the deficit in the social security system and expanding the revenue base will achieve adjustment in a sustainable, pro-growth, and equitable manner. A sustained recovery also hinges on the ability of the economy to rebalance toward tradables. The rising level of unemployment makes it imperative to advance with structural reforms.
1455203793 : 18.00 USD
1934-7685
10.5089/9781455203796.002 doi
Debt
Deficit
External Debt
Interest Rate
Interest
Lithuania