Republic of Lithuania: Staff Report for the 2001 Article IV Consultation and First Review Under the Stand-By Arrangement

January 24, 2002

Preview Citation

Format: Chicago

Republic of Lithuania: Staff Report for the 2001 Article IV Consultation and First Review Under the Stand-By Arrangement, (USA: International Monetary Fund, 2002) accessed December 26, 2024

Summary

This paper examines the Republic of Lithuania’s 2001 Article IV Consultation and First Review Under the Stand-By Arrangement. The macroeconomic objectives for 2001 are expected to be largely attained and all end-September performance criteria and structural benchmarks were met. The authorities’ priority is to stabilize revenue while creating a tax system consistent with European Union (EU) requirements. Underpinned by the fiscal adjustment, the currency board arrangement continued to anchor macroeconomic policies. The authorities remain committed to their ambitious structural reform agenda, which is driven in part by requirements of EU accession.

Subject: Banking, Expenditure, Exports, External debt, International trade, Macrostructural analysis, Revenue administration, Structural reforms

Keywords: Accession process, CR, EU accession negotiations, EU accession policy, Exports, Global, Government, ISCR, Liquidation procedure, Procedure, Stand-by credit, Structural reforms

Publication Details

Pages:

95
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2002/008
Stock No:

1LTUEA0012002
ISBN:

9781451823974
ISSN:

1934-7685

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