Republic of Lithuania : 2008 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Lithuania

Author/Editor:

International Monetary Fund

Publication Date:

April 22, 2008

Electronic Access:

Free Full Text (PDF file size is 684 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

In this report, economic performance of Lithuania over the past decade is discussed. These reflect on EU accession, rapid financial integration, and generally sound macroeconomic policies. Concerns about the rise in external and internal imbalances, characterized by an unsustainable current account deficit, and an increase in domestic inflationary prices, resulting from excess domestic demand are outlined. The findings of the Financial Assessment Stability Program (FASP) are welcome. The Bank of Lithuania’s measures in recent years to strengthen banks’ capital bases and encourage strong risk management are encouraged.

Series:

Country Report No. 08/141

Subject:

English

Publication Date:

April 22, 2008

ISBN/ISSN:

9781451824186/1934-7685

Stock No:

1LTUEA2008003

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

59

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