Republic of Lithuania: Request for Stand-By Arrangement

September 14, 2001

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Format: Chicago

Republic of Lithuania: Request for Stand-By Arrangement, (USA: International Monetary Fund, 2001) accessed November 21, 2024

Summary

Lithuania achieved significant progress in macroeconomic stabilization and structural reforms, under the previous Stand-By Arrangement. Executive Directors welcomed the new program, which aimed at maintaining macroeconomic stability, promoting private sector activity, and strengthening external viability in order to attain sustainable growth and create employment opportunities. They stressed the need to implement fiscal and structural reforms. They agreed that the authorities are following an appropriate approach of preparing a medium-term fiscal framework, determining priorities, and seeking ways to achieve the medium-term goal of a balanced budget.

Subject: Arrears, Banking, Commercial banks, Economic sectors, Expenditure, External debt, Financial institutions, Privatization

Keywords: Arrears, Authorities' strategy, Baltics, Commercial banks, CR, EU accession, EU requirement, Government, Government intervention, Government regulation, ISCR, Privatization, Privatization program, SDR, Western Europe

Publication Details

Pages:

91
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2001/160
Stock No:

1LTUEA0042001
ISBN:

9781451824063
ISSN:

1934-7685

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