Republic of Lithuania : Staff Report for the 2015 Article IV Consultation

Journal Issue

Volume/Issue:: 2015/138
Series:: IMF Staff Country Reports
Author(s):: International Monetary Fund. European Dept.
Publisher:: INTERNATIONAL MONETARY FUND
Published Date:: June 2015
DOI:: http://dx.doi.org/10.5089/9781513598871.002
ISBN:: 9781513598871
ISSN:: 1934-7685
Page:: 47

This 2015 Article IV Consultation highlights that growth in Lithuania has remained resilient, despite challenges in the external environment. Strong domestic demand growth on the back of improving labor market conditions underpinned real GDP growth of 2.9 percent in 2014. Exports held up reasonably well despite Russian import bans. Growth should remain largely unchanged at 2.8 percent from last year in 2015, as positive external factors counterbalance negative ones and domestic demand remains robust. The main policy challenge will be to secure reasonably rapid convergence with living standards in western Europe going forward.

Republic of Lithuania - 2015 Article IV Consultation-Press Release; and Staff Report

Article

IMF Executive Board Concludes Article IV Consultation with the Republic of Lithuania

Author(s):: International Monetary Fund. European Dept.
Published Date:: June 2015

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Republic of Lithuania : Staff Report for the 2015 Article IV Consultation

IMF Executive Board Concludes Article IV Consultation with the Republic of Lithuania

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