IMF Staff Country Reports

Republic of Lithuania: Report on the Observance of Standards and Codes-Fiscal Transparency Module

November 12, 2002

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Republic of Lithuania: Report on the Observance of Standards and Codes-Fiscal Transparency Module, (USA: International Monetary Fund, 2002) accessed November 21, 2024

Summary

This report examines the Observance of Standards and Codes on Fiscal Transparency for the Republic of Lithuania. Lithuania’s fiscal institutional framework meets many requirements of the Code of Good Practices on Fiscal Transparency. Important strengths are clearly defined roles and responsibilities of the three branches of government; limited scope for quasi-fiscal activity at the central government level; and binding debt rules for all levels of government. The reforms that are being implemented promise to ultimately move Lithuania toward best practices in several areas.

Subject: Budget execution and treasury management, Budget planning and preparation, Fiscal accounting and reporting, Fiscal policy, Fiscal transparency, Internal audit, Public financial management (PFM)

Keywords: Annual budget, Asset registry, Audit program, Budget planning and preparation, Budget year, Central government, CR, Debt data, Debt statistic, Government asset, Government debt statistic, Government deposit, Government obligation, Government regulation, Government resolution, Internal audit, Internal audit, ISCR, Policy tool, Strategic planning effort

Publication Details

  • Pages:

    32

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2002/250

  • Stock No:

    1LTUEA0052002

  • ISBN:

    9781451824087

  • ISSN:

    1934-7685