Republic of Lithuania : 2011 Article IV Consultation

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Republic of Lithuania : 2011 Article IV Consultation
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Volume/Issue:
2011/326
Series:
IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher:
INTERNATIONAL MONETARY FUND
Published Date:
November 2011
DOI:
http://dx.doi.org/10.5089/9781463925246.002
ISBN:
9781463925246
ISSN:
1934-7685
Page:
49
The 2011 Article IV Consultation reports that the economy in the Republic of Lithuania has staged an impressive recovery based on a supportive global environment and determined policy adjustment. The main driver of the recovery was export growth. Executive Directors commended the authorities for Lithuania's impressive economic recovery, noting in particular the sizable fiscal consolidation and the maintenance of confidence in the banking system. Directors also supported the authorities' goal of reducing further the fiscal deficit, thereby putting government debt on a downward path.
Article

Republic of Lithuania

Author(s):
International Monetary Fund
Published Date:
November 2011
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