Republic of Lithuania; 2003 Article IV Consultation-Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Lithuania

Lithuania showed strong economic growth with low inflation owing to its sound economic policies. Executive Directors commended this development, and appreciated Lithuania for signing the European Union Accession Treaty. They encouraged the authorities to maintain macroeconomic stability and accelerate structural reforms. They welcomed the efforts of the Bank of Lithuania to implement Financial Sector Assessment Program recommendations. They emphasized the need for energy and transport privatization, the modernization of the agriculture sector, and streamlining of the legal framework to enhance transparency, governance, and the overall business environment.

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Year of publication:	2003-09-11
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Article IV consultations \| Economic conditions \| pension \| external debt \| current account \| balance of payments \| current account deficit \| pensions \| pension system \| debt ratio \| debt service \| public debt \| public sector debt \| debt sustainability \| external liabilities \| public and publicly guaranteed \| net external debt \| current account balance \| pension reform \| national accounts \| retirement \| pension funds \| retirement age \| short-term debt \| debt dynamics \| pensioners \| repayments \| private pension \| external shocks \| old-age pension \| domestic savings \| basic pension \| private pension funds \| domestic currency \| debt stock \| reserve assets \| external loans \| debt management \| legal framework \| insurance supervision \| currency board \| pension expenditure \| labor force \| pension contributions \| risk management \| public and publicly guaranteed debt \| dependency ratio \| wage growth \| earnings-related pension \| old-age pensions \| external debt sustainability \| health care \| central bank \| pension fund supervision \| earnings-related pensions \| domestic debt \| contingent liabilities \| payroll tax \| current pension \| total external debt \| future pension \| disability pension \| private savings \| currency debt \| external short-term debt \| informal sector \| average pension \| amortization payments \| health care system \| foreign currency debt \| budget law \| contribution rates \| public finance \| old-age pensioners \| replacement rate \| foreign debt \| debt sustainability analysis \| public finances \| supervisory agency \| life expectancy \| private external debt \| private saving \| net wage \| revenue shortfalls \| general resources account \| commercial bank loan \| health system \| external payments \| public external debt \| long-term debt \| pension programs \| public pension \| social pensions \| government deficit \| pension fund \| payroll taxes \| pension schemes \| types of pensions \| pension system reform \| external financing \| ratio of debt \| disability pensions

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 03/295 8 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005252770