Republic of Lithuania: Second Review Under the Stand-By Arrangement

April 23, 2001

Preview Citation

Format: Chicago

Republic of Lithuania: Second Review Under the Stand-By Arrangement, (USA: International Monetary Fund, 2001) accessed November 25, 2024

Summary

Lithuania showed progress in macroeconomic stability and structural reforms, under the Stand-By Arrangement. Executive Directors welcomed this development, and endorsed the authorities' intention to switch the peg of the litas to the euro, with a view to move toward greater economic integration with the European Union area, while preserving the credibility of the currency board. They welcomed the comprehensive medium-term fiscal framework, which aimed to determine the priorities, address future expenditure pressures, and achieve the medium-term goal of a cyclically balanced budget.

Subject: Banking, Central banks, Credit, Expenditure, External debt, International reserves, Money, Pension spending

Keywords: Baltics, CR, Credit, Draft board decision, EU accession, Executive board's decision, International reserves, ISCR, Lithuania's performance, Pension spending, Staff, Stand-by arrangement-staff supplement, Waiver, Waivers of applicability

Publication Details

Pages:

46
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2001/063
Stock No:

1LTUEA0032001
ISBN:

9781451824032
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports