The Republic of Lithuania: Second Review Under the Stand-By Arrangement-Staff Report; News Brief on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Lithuania
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This paper evaluates the Republic of Lithuania’s Second Review Under the Stand-By Arrangement. Program implementation has been generally good. Macroeconomic performance was better than expected in 2001: real GDP grew by 5.9 percent, driven by buoyant exports and investment, while the impact of the slowdown in the European Union was limited and largely offset by strong demand from Commonwealth of Independent States (CIS) countries. The macroeconomic outlook for 2002 envisages faster growth and a slightly higher current account deficit, while inflation, wage, and employment projections remain largely unchanged.
Series:
Country Report No. 2002/131
Subject:
Banking Central banks Credit Debt service Expenditure External debt International reserves Money
English
Publication Date:
July 2, 2002
ISBN/ISSN:
9781451824070/1934-7685
Stock No:
1LTUEA0042002
Pages:
82
Please address any questions about this title to publications@imf.org